{"id":51426,"date":"2023-04-28T10:01:51","date_gmt":"2023-04-28T08:01:51","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=51426"},"modified":"2023-04-28T10:01:51","modified_gmt":"2023-04-28T08:01:51","slug":"imf-tells-ecb-to-continue-increasing-interest-norms","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/","title":{"rendered":"IMF tells ECB to continue increasing interest norms"},"content":{"rendered":"<p>The International Monetary Fund (IMF) suggested the European Central Bank (ECB) continue increasing interest norms until the middle of 2024, requesting from EU finance ministers to toughen fiscal policies, in order to decrease inflation.<\/p>\n<p>The head of IMF for Europe, Alfred Kammer, said that the high level of inflation is the biggest concern.<\/p>\n<p>The comments were made before a meeting he held with EU finance ministers and governors of the European Central Bank.<\/p>\n<p>\u201cOur main recommendation, as far as policies are concerned, is to beat the inflation and this means we must use monetary policies. To the European Central Bank this means further pressure, for a longer period. We estimate until the middle of 2024, so that the inflation falls down until its intended level foreseen around 2025. The inflation is a tax, especially for the poor, and we must fight it,\u201d Kammer said.<\/p>\n<p>Inflation in the 20 countries that use the Euro reached 6.9 percent in March \u2013 however the base inflation, which excludes big oscillations in energy and food prices, reached 7.5 percent.<\/p>\n<p>To decrease it, the European Central Bank has aggressively raised interest norms, sending them from 0 to 3.5 in the span of a year, a policy expected to last even after 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) suggested the European Central Bank (ECB) continue increasing interest norms until the middle of 2024, requesting from EU finance ministers to toughen fiscal policies, in order to decrease inflation. The head of IMF for Europe, Alfred Kammer, said that the high level of inflation is the biggest concern. The comments [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":50735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[165,1],"tags":[243,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF tells ECB to continue increasing interest norms - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF tells ECB to continue increasing interest norms - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund (IMF) suggested the European Central Bank (ECB) continue increasing interest norms until the middle of 2024, requesting from EU finance ministers to toughen fiscal policies, in order to decrease inflation. The head of IMF for Europe, Alfred Kammer, said that the high level of inflation is the biggest concern. The comments [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-28T08:01:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2023\/04\/fmn-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"541\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"IMF tells ECB to continue increasing interest norms\",\"datePublished\":\"2023-04-28T08:01:51+00:00\",\"dateModified\":\"2023-04-28T08:01:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\"},\"wordCount\":205,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2023\/04\/fmn-1.jpg\",\"keywords\":[\"kryesore 1\",\"Kryesoret\"],\"articleSection\":[\"Europe\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\",\"url\":\"https:\/\/euronews.al\/en\/imf-tells-ecb-to-continue-increasing-interest-norms\/\",\"name\":\"IMF tells ECB to continue increasing interest norms - 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