IMF urges Japan to ensure tax hike goes smoothly

Business / Economy Oct 4, 2018

IMF urges Japan to ensure tax hike goes smoothly

International Monetary Fund chief Christine Lagarde urged Japan on Thursday to make sure that a nationwide consumption tax increase scheduled for next year does not hurt the country's economic growth. "We believe that the higher consumption tax will help fund growing health and pension expenses, ...

Business Mar 18, 2016

Negative rates have helped global economy: IMF's Lagarde

The world economy would be worse off without negative interest rates, according to International Monetary Fund Managing Director Christine Lagarde. Negative rates in Europe and Japan have helped support global growth and price gains, she said in an interview in Ho Chi Minh City on ...

Darling of Davos, Lagarde already has second IMF term sewn up

World Jan 25, 2016

Darling of Davos, Lagarde already has second IMF term sewn up

The darling of the Davos political and financial elite, Christian Lagarde has a second term at the helm of the International Monetary Fund sewn up just days after nominations opened, despite facing possible trial in France. The former French finance minister, regularly listed among the ...

IMF's Lagarde says markets need clarity on China currency

Business Jan 23, 2016

IMF's Lagarde says markets need clarity on China currency

Financial markets need more clarity on how the Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Asked at a panel discussion in Davos whether she would back capital controls ...

Business / Economy Jan 16, 2015

IMF chief warns of Japan, eurozone slowdowns, terror risks

International Monetary Fund Managing Director Christine Lagarde warned Thursday of an economic slowdown in Japan and the eurozone and increased geopolitical risks to the global economy linked to the recent terrorism incidents in Paris. "Despite the boost from (cheaper) oil prices and despite stronger U.S. ...