(EnergyAsia, April 3) — As world oil prices appear ready again to rise to record levels this quarter, an International Monetary Fund (IMF) working paper has called for raising interest rate and tighter monetary policy to check the inflationary effects of a possible oil crisis. The paper, “World Crude Oil Markets: Monetary Policy and the…
MARKETS: IMF paper calls for higher interest rates to counter rising oil price, inflation
Posted on April 3, 2006 by EnergyAsia