Global growth is likely to remain tepid this year and central banks should keep their easy monetary policies in place, the head of the International Monetary Fund said.
“Thanks to the actions of policymakers, the economic world no longer looks quite as dangerous as it did six months ago,” IMF Managing Director Christine Lagarde told the Economic Club of New York.
But while there were signs that financial conditions are improving, Lagarde said those changes are not yet translating into improvements in the real economy.
via Business feed http://www.scmp.com/business/economy/article/1212052/imf-chief-says-easy-monetary-policy-should-stay-now
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