Tag: Christine Lagarde

Christine Lagarde
Monday, July 7th 2014 - 07:10 UTC

Lagarde cautious about growth momentum; infrastructure investment needed

Lagarde said that the IMF did not expect a “brutal” slowdown in China, a market crucial for Latin America

Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said, hinting at a slight cut in the Fund's growth forecasts.

Saturday, June 7th 2014 - 04:48 UTC

IMF welcomes Argentina's implementation of actions on CPI and GDP indexes

Argentina must still implement actions previously specified for end-September 2014 and end-February 2015,

The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.

Saturday, June 7th 2014 - 04:37 UTC

IMF warns UK about a possible 'housing bubble' and low productivity

The chancellor said the IMF was “right to warn the government that risks still remain” to the UK's economic recovery.

The International Monetary Fund (IMF) has warned the government that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery. Rising property values could leave households more vulnerable to income and interest rate shocks.

Saturday, May 31st 2014 - 06:42 UTC

IMF and Argentina/Paris Club deal: “we hope they continue that process”

“The IMF certainly hopes that it will improve the situation of Argentina on the international scene” said Lagarde

IMF managing director Christine Lagarde touring east Africa, on Friday cautiously welcomed steps taken by Argentina to settle a decade-old falling out with creditors, following a 9.7bn dollars five year repayment deal reached this week.

Thursday, May 29th 2014 - 00:35 UTC

Three Latam presidents among Forbes list of 25 most powerful women

Dilma, president of the world's seventh largest economy

Brazil, Argentina and Chile presidents figure among the list of the 25 most powerful women in the world according to the latest release from Forbes. Dilma Rousseff ranks in fourth place, Cristina Fernandez 19 and Michele Bachelet, 25. Only nine heads of state figure in the 100 names list.

Tuesday, May 27th 2014 - 09:33 UTC

IMF Lagarde calls on central banks to cooperate on policy moves

“As the crisis has taught us, in times of distress, the potential gains from cooperation can be huge”, said Lagarde

As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.

Friday, May 23rd 2014 - 10:17 UTC

IMF to check Argentine new stats on inflation and GDP next month

Christine Lagarde has to make an analytical report to be delivered to the IMF board

The International Monetary Fund board has already received a first analytical report on Argentina latest statistics and will address the issue in its next meeting scheduled for 6 June, according to IMF spokesperson Gerry Rice in Washington.

Monday, May 5th 2014 - 06:24 UTC

“Least difficult phase of economic growth is now over”, IMF top official tells Latam

Werner said Latam countries closely-linked to the US economy will have a better year

IMF Director for the Western Hemisphere Department Alejandro Werner has once again called on Latin America to embark upon economic reforms, claiming that the “least difficult” phase of economic growth is now over.

Thursday, February 27th 2014 - 00:31 UTC

IMF lets fresh air in and addresses income inequality and redistribution debate

It would be a mistake to focus on growth and let inequality take care of itself, argues the paper

Income inequality can lead to slower or less sustainable economic growth, while redistribution of income, when measured, does not hurt and can even help an economy, IMF staff found in a research study released on Wednesday. Although the study by IMF economists does not reflect the Fund's official position, it is another sign of a shift in its thinking about income disparity.

Wednesday, January 29th 2014 - 20:31 UTC

Lagarde admits volatility in global markets as strong economies tighten monetary policy

However the outlook for the global economy looked 'generally positive' said the IMF head (Photo AP)

Monetary policy tightening in advanced economies will cause volatility in international markets this year and impact the monetary situation of some emerging economies, IMF Managing Director Christine Lagarde cautioned on Wednesday.

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