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Policymakers should go 'bold, broad and together' – IMF’s Lagarde

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Speaking at the G20 meeting, Washington-based International Monetary Fund’s (IMF) Chief, Christine Lagarde is now crossing the wires, noting that markets may be overreacting to the recent financial market volatility. She added that anxiety is overshadowing the economic fundamentals.

    Key Quotes:

    Markets might be overreacting

    There’s more anxiety than warranted by fundamentals

    Need mix of mutually reinforcing dem/supply side pols

    Policymakers should go 'bold, broad and together'

    Need monpol to underly real fiscal and reform action
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