IMF: US Federal Reserve System may increase rates and decrease oil prices

IMF: US Federal Reserve System may increase rates and decrease oil prices

If the US Federal Reserve System take the decision to increase rates the pressure on oil prices in the world markets may be also significantly increased, the review of IMF’s Middle East and Central Asia Department informs.

"Further strengthening of the US dollar and the tightening of the US monetary policy may bring negative consequences, putting pressure on oil prices and investments,’’ APA cites him as saying.

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