Tag: Christine Lagarde

Christine Lagarde
Friday, February 12th 2016 - 06:55 UTC

Lagarde, as sole candidate, has virtually assured five more years as IMF head

Named to head the IMF in July 2011, Lagarde officially entered her nomination for a second term at the World Economic Forum in Davos, in January this year.

The International Monetary Fund (IMF) has nominated current managing director Christine Lagarde for the second term, IMF Executive Board Dean Aleksei Mozhin said in a statement on Thursday.

Saturday, January 23rd 2016 - 04:35 UTC

IMF chief Lagarde will stand for a second term

Lagarde's term in office expires on 5 July and the process to find a successor opened on Wednesday.

The head of the International Monetary Fund, Christine Lagarde, has confirmed she will stand for a second term. Ms Lagarde threw her hat into the ring during an appearance on French television.

Thursday, January 21st 2016 - 07:33 UTC

Argentine Finance minister expected to meet IMF chief to renew formal ties

Resuming formal ties means allowing the IMF to conduct a review of the Argentine, which would be their first since 2006.

Argentine Finance Minister Alfonso Prat-Gay is planning to meet with IMF's Christine Lagarde at the World Economic Forum in Davos, Switzerland, to discuss resuming formal ties with the international lender, according to a report published by Bloomberg.

Thursday, December 31st 2015 - 07:43 UTC

Global economic growth in 2016, “disappointing and patchy” forecasts Lagarde

“The Fed is treading a tightrope: normalizing interest rates, while at the same time seeking to avert any risk of disturbance on the financial markets,” Lagarde said.

Global economic growth will be “disappointing and patchy” in 2016, the head of the International Monetary Fund, Christine Lagarde, wrote in an article published in the German business daily Handelsblatt on Wednesday.

Tuesday, December 1st 2015 - 07:53 UTC

Yuan joins the exclusive club of IMF's basket of reserve currencies

The IMF said the Yuan ”met all existing criteria'' and should become part of the basket in October 2016.

The International Monetary Fund (IMF) has announced that China's currency, the Yuan, will join the fund's basket of reserve currencies. Currently just the US dollar, the euro, the yen and the pound are in the group.

Tuesday, October 13th 2015 - 07:13 UTC

Pacific Alliance members outstand in Latin American performance, says IMF

“Compared to 15 years ago, the region has changed for the better. It is now standing on much more solid ground,” Lagarde said

Brazil is still by far the largest economy in Latin America despite its recession and the impact of the devaluation of the Real, according to the latest report from the International Monetary Fund (IMF), which said Venezuela dropped to the position of the region’s seventh-largest economy with a GDP that’s now half the size of Colombia’s.

Monday, October 12th 2015 - 09:18 UTC

Lagarde blasts US Congress for blocking reforms: “they jeopardize IMF's credibility”

“It is an issue for the credibility and the representativeness of the institution, particularly vis-à-vis the under-represented countries,” underlined Lagarde

Washington's use of its de facto veto at the International Monetary Fund to block reforms giving emerging countries a greater say is jeopardizing the IMF's credibility, complained Managing Director Christine Lagarde.

Friday, October 9th 2015 - 07:21 UTC

Fed close to increasing rate, according to minutes; IMF again calls on Yellen for prudence

Because of the risks to the outlook for economic activity and inflation, “FOMC decided that it was prudent to wait for additional information” said the minutes

The US Federal Reserve believes the US economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking United States off course.

Tuesday, September 8th 2015 - 08:42 UTC

IMF cautions Fed on conditions when it decides to increase interest rates

“The Fed has not raised interest rates in such a long time, that it should really do it for good, not give it a try and then have to come back,” Lagarde said

The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.

Tuesday, July 21st 2015 - 05:49 UTC

White House advisor, expert in stimulus next IMF chief economist

Currently on leave from Berkeley to serve on President Obama's Council of Economic Advisers, Obstfeld will take over from retiring Olivier Blanchard

The International Monetary Fund has named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance.

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