IMF's: Fed will need to hike faster in light of fiscal stimulus

Below are some key takeaways from the concluding statement of the IMF's review of the U.S. economy, as reported by LiveSquawk.

  • Fed will need to hike faster in light of fiscal stimulus.
  • The risk to domestic, global economy boosted by US fiscal policy.
  • Sees strong growth, job creation for in near term.
  • Sees wages, labor costs growing ‘modestly as slack lessens’.
  • US fiscal stimulus is seen providing ‘significant boost’ to US economy, some negative impact in EM’s.

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