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The IMF Didn't Know What The Swiss National Bank Had Planned
Christine Lagarde, the head of the IMF, was everywhere today. She spoke at a Council on Foreign Relations event this morning about where she sees the global economy going in 2015. Lagarde also went on CNBC and spoke with Steve Liesman about the Swiss National Bank's decision to lift the floor on the Swiss franc. Lagarde said she had no idea that it was going to happen, and subtly suggested that she wasn't too happy that the IMF was left out of the loop. "I find it a bit surprising that he did not contact me, but, you know, we'll check on that. By the way, the IMF used to be the referee of any currency variation. That ... (full story)
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