- Softening of global growth, capital outflows and stock market declines are cause for concern
- Oil and metal prices are likely to stay low for quite some time
- Fall in prices pressuring commodity export countries
- Emerging markets could soften shocks by boosting non-commodity revenues and increasing exchange rate flexibility
- Advanced economies should support growth through accommodative monetary policy and infrastructure spending
- Important for Fed to normalise policy in a prudent and well-communicated manner
- IMF will consider broadening and strengthening precautionary financing instruments
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Thursday, February 04, 2016
IMF's Lagarde bangs the same old drum on fixing the global economy
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