August 23, 2019 / 4:28 PM / 23 days ago

IMF's Gopinath says U.S. monetary policy being accommodative and data driven

FILE PHOTO: IMF Chief Economist Gita Gopinath speaks in her office during the Spring Meetings of the World Bank Group and IMF in Washington, U.S., April 11, 2019. REUTERS/James Lawler Duggan

(Reuters) - International Monetary Fund chief economist Gita Gopinath said on Friday that U.S. monetary policy is being accommodative and data driven.

“U.S. monetary policy is being accommodative and it is being data driven”, Gopinath told CNBC in an interview when asked if U.S. monetary policy is “too tight”.

“If you look at the U.S. economy, if you look at the unemployment rate, if you look at consumer spending, they are quite healthy. So it would not be right to say it is too tight at this point”.

She also added that recent developments surrounding the U.S.-China trade tensions are a matter of concern.

Reporting by Kanishka Singh in Bengaluru; Editing by Chizu Nomiyama

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