You are here

Cheap oil, strong US economy no cure for weak growth: Lagarde

There are still powerful factors that weigh on the downside, says IMF chief

BT_20150117_IMF17_1463467.jpg
MS LAGARDE: 'Too many countries are still weighed down by the legacies of the financial crisis, including high debt and high unemployment'

Washington

INTERNATIONAL Monetary Fund (IMF) managing director Christine Lagarde said cheap oil prices and a resurgent US economy won't be enough to help overcome sluggishness elsewhere in global growth.

"The obvious question is this: should lower oil prices and a stronger recovery

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom