IMF's Lagarde: keep monetary policy loose with eye on markets

Young journalists club

News ID: 14716
Publish Date: 11:34 - 26 October 2017
TEHRAN, October 26 -Central bankers should keep monetary policy loose where economic indicators remain weak while also keeping a close eye on asset prices to ward off the threat of bubbles, International Monetary Fund chief Christine Lagarde said on Thursday.

IMF's Lagarde: keep monetary policy loose with eye on marketsTEHRAN, Young Journalists Club (YJC) -Central bankers should keep monetary policy loose where economic indicators remain weak while also keeping a close eye on asset prices to ward off the threat of bubbles, International Monetary Fund chief Christine Lagarde said on Thursday.

“We recommend wherever economic capacities are still available and where indicators are still weak keeping monetary policy accommodative with a very attentive eye on financial market developments,” Lagarde told journalists in Paris.

Source:Reuters

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