Market ‘exuberance’ a problem for central banks – Gopinath

Easier financial conditions may be coming too early, IMF official says

Gita Gopinath
Gita Gopinath
World Economic Forum/Michael Calabrò

The “last few months of exuberance” in markets may have loosened financial conditions too quickly, Gita Gopinath warned today (January 16).

The International Monetary Fund’s deputy managing director said a widespread expectation of rate cuts by major central banks as soon as April seemed “a bit premature”. She warned central banks have not yet completed the job of bringing inflation down to target.

Banque de France governor François Villeroy de Galhau echoed Gopinath’s point: “It is too early to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account