Lagarde says QE risks are real, but bubbles are not forming yet
International Monetary Fund (IMF) managing director Christine Lagarde has called on the world's advanced economies to continue with their accommodative monetary policy stances – saying that while there are associated risks, bubbles are not yet forming.
Addressing the Brookings Institution on June 4, Lagarde said policies of monetary easing had contributed to better global financial stability, higher growth in advanced economies and increased the flow of capital to emerging markets, which "can be
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