Markets are in correction, perhaps over-reacting - IMF's Lagarde

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PARIS (Reuters) - World financial market turbulence this week looks to be a simple correction, International Monetary Fund chief Christian Lagarde told a conference in Paris on Friday.
"You can't help thinking that we are seeing a market correction and perhaps, at this point at least, an over-reaction," Lagarde told an event at the OECD think tank.
(Reporting by John Irish; editing by Mark John)
First Published: Oct 17 2014 | 10:11 PM IST