The “normalisation” of US monetary policy, no matter how well implemented, could hurt emerging markets and undermine financial stability, International Monetary Fund Managing Director Christine Lagarde said. |||
THE “normalisation” of US monetary policy, no matter how well implemented, could hurt emerging markets and undermine financial stability, International Monetary Fund (IMF) managing director Christine Lagarde said yesterday in a speech after arriving in the Rwandan capital of Kigali. “Even if this process is well-managed and well- communicated – and I believe that it has been and will be – there could be negative effects for emerging …read more
Source: Independent Online
