IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation
Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more to deal with huge government and bank debts that continue to drag on growth and undermine the stability of the financial system.
Ahead of a set-piece address at the organisation's spring conference in Washington, Lagarde said leaders need to co-operate in their efforts to repair government and bank finances to protect against a repeat of the 2008 crash.
Continue reading... Reported by guardian.co.uk 16 hours ago.
Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more to deal with huge government and bank debts that continue to drag on growth and undermine the stability of the financial system.
Ahead of a set-piece address at the organisation's spring conference in Washington, Lagarde said leaders need to co-operate in their efforts to repair government and bank finances to protect against a repeat of the 2008 crash.
Continue reading... Reported by guardian.co.uk 16 hours ago.