Lagarde lends weight to global clamour for policy co-ordination
Christine Lagarde, managing director of the International Monetary Fund (IMF), this week added her voice to increasing calls for monetary policy co-ordination, with monetary policy authorities "mindful of the potential impact of their policies on others".
Her intervention in a speech in London on Monday comes just days after Raghuram Rajan, the governor of the Reserve Bank of India and a former IMF chief economist, lamented the breakdown of monetary policy co-operation in a televised interview
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