IMF’s Georgieva: I'm confident the US won't default

International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said on Wednesday, “I'm confident the US won't default.”

Additional takeaways

“We don't expect a rapid shift in dollar's reserves, 'don't kiss your dollars goodbye yet'.”

“Rates won’t start to fall until 2024, early 2025.”