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IMF chief optimistic on global growth, but warns against trade protectionism

Reuters  |  HONG KONG 

HONG KONG (Reuters) - The International Monetary Fund (IMF) is optimistic on the outlook for global growth but warned darker clouds are looming due to fading fiscal stimulus and rising interest rates, the fund's Managing Director Christine Lagarde said on Wednesday.In a speech in Hong Kong, Lagarde said the top priorities for the global economy are to steer clear of protectionism, guard against financial risk and foster long-term growth.The IMF chief was speaking as a trade conflict between the United States and China is creating significant uncertainty for businesses and their global supply ...

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First Published: Wed, April 11 2018. 11:33 IST
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