Lagarde fears ‘unintended consequences’ of monetary easing

Christine Lagarde

Christine Lagarde, managing director of the International Monetary Fund (IMF), yesterday warned monetary policymakers must be on guard for the unintended consequences of monetary easing, particularly in the way such programmes are ‘exited'.

Lagarde said unconventional monetary policies have helped "prop up" advanced economies, and consequently global growth, and welcomed the dramatic easing unveiled by the Bank of Japan (BoJ) last week.

Nonetheless, she raised concerns that easing policies – inc

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: