View full page at forexfactory.com

 

BOJ's policy welcome for world growth: IMF's Lagarde

From reuters.com

A huge monetary stimulus package to be unleashed by the Bank of Japan this week is a welcome step in supporting growth in the world economy, the managing director of the International Monetary Fund (IMF) said on Sunday. "Monetary policies - including unconventional measures -- have helped prop up the advanced economies, and in turn, global growth," Christine Lagarde told a forum in south China. "The reforms just announced by the Bank of Japan are another welcome step in this direction." (Reporting by Koh Gui Qing; Editing by Benjamin Kang Lim and Robert Birsel) (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News