The day before, the International Monetary Background held its regular meeting, where it called on the world’s leading central banks to continue to pursue a stimulating monetary policy. “The global economy is recovering from the crisis faster than expected thanks to central bank incentives and progress in vaccine development.

Where it is possible, monetary policy should remain soft in line with central bank mandates,” the IMF recommends. Within the framework of the IMF meeting, there was speech of the head of the Federal Reserve Jerome Powell, who supported these recommendations with both hands. Powell noted that the recovery of the US economy remains incomplete and uneven after the crisis caused by the coronavirus pandemic, and against this background, it is advisable to continue printing money for asset repurchases.

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