IMF Head Christine Lagarde Warns Monetary Policy Alone Will Not Fix Struggling Economies

IMF Head Christine Lagarde Warns Monetary Policy Alone Will Not Fix Struggling Economies

"Japan stunned investors on Thursday by unleashing the world's most intense burst of monetary stimulus, which will pump $1.4 trillion into its economy in under two years. It hopes the shock therapy will end two decades of stagnation.
But the move is a huge gamble. It heavily exposes the BoJ to Japan's mountain of public debt and carries the potential for big losses if inflation spikes and investors lose faith in its viability."