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IMF chief Christine Lagarde says market fluctuations aren’t worrying

Speaking at a Dubai conference on global business and social trends, Lagarde also said regulators and governments needed to take the opportunity to avert future crises with economic and financial reforms.

By: Reuters | Dubai | Published: February 11, 2018 3:44 pm
Christine Lagarde, IMF, Christine Lagarde economic growth, Christine Lagarde global growth, Christine Lagarde IMF, IMF World Bank Spring Meet, World Economic Report, Business news, Indian Express IMF Managing Director Christine Lagarde in Washington, US. (Source: REUTERS/File)

Sharp fluctuations in global equity markets and other markets in the past few days are not worrying, as global economic growth is strong and available financing is ample, International Monetary Fund managing director Christine Lagarde said on Sunday.

But Lagarde, speaking at a Dubai conference on global business and social trends, also said regulators and governments needed to take the opportunity to avert future crises with economic and financial reforms.

“I’m reasonably optimistic because of the landscape we have at the moment. But we cannot sit back and wait for growth to continue as normal.”

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