Christine Lagarde commenting on Japan:
- Monetary policy with an inflation target is a “good and interesting project if associated with clear independence of the central bank,”
- “The recently announced fiscal and monetary package is intended to create growth in the short term,”
- “We are not supportive in any shape or form of attempts to create competitive devaluation and open currency wars.”
There is no photo of Lagarde accompanying the article, so I wont bother waking Gerry up
IMF chief calls BOJ’s inflation target “interesting” project
