By Andrea Shalal WASHINGTON, Oct 29 (Reuters) - The US Federal Reserve is appropriately keeping a close watch on US economic data as it shapes its monetary policy, the International Monetary Fund said on Thursday, a day after the US central bank left ...
The International Monetary Fund (IMF) believes that the US Federal Reserve (Fed) is doing the right thing by closely monitoring economic data before new monetary policy decisions are taken, under conditions where inflation remains above the 2% target, Reuters reports.