Developed world easing may raise heat in emerging economies: Lagarde

Monetary easing in the developed world could cause overheating and asset bubbles in emerging economies, the International Monetary Fund's managing director said here yesterday.

"Accommodative monetary policies … could strain the capacity of those economies to absorb the potentially large flows and could lead to overheating asset price bubbles," Christine Lagarde said.

via Business feed http://www.scmp.com/business/economy/article/1061165/developed-world-easing-may-raise-heat-emerging-economies-lagarde