- While U.S. growth is bouncing back, the Fed needs to hold off on rate hikes until "clear signs of wage and price inflation," says the IMF, putting itself at odds with Janet Yellen who has said "clear signs" are not a prerequisite for higher rates.
- The IMF doesn't see inflation hitting the Fed target of 2% until at least 2017, and would prefer rate hikes wait until at least 2016.
- As part of the same report, the IMF also warns the life insurance industry poses a risk to the country's financial stability - whether it be from too low rates posing "a slow burning solvency risk," or a spike in rates leading to policyholder surrenders.
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