The Traderszone Network

Published in TZ Latest News 1 September, 2015 by The TZ Newswire Staff

IMF’s Lagarde warns of spillover risks from recent volatility

Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund (IMF) said in Jakarta on Wednesday. “What has been demonstrated in the last few weeks is how much Asia is at the core of the global economy, and how much disruption in one market in Asia can actually spill over to the rest of the world,” Christine Lagarde told a conference in Indonesia’s capital.

read more