Lagarde says Yellen should double FOMC press conference frequency
IMF chief says clear communication needed over US interest rates
Christine Lagarde, the head of the International Monetary Fund (IMF), has called on the Federal Reserve to hold more press conferences to dispel market “uncertainty” about the timing of an interest rate increase following its introduction of ‘qualitative’ forward guidance.
“Clear communications will be more important than ever,” Lagarde said today at a press conference in Washington, DC, that marked the conclusion of the IMF’s Article IV mission to the US. The Fund said in a written statement
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