IMF chief views stock market fluctuation 'a correction' not crisis
The head of the IMF says she isn't overly concerned about last week's volatility in global markets,... seeing it as more of "a welcome correction."
Speaking in Dubai on Sunday,... Christine Lagarde said sharp swings aren't that worrying,... since economic growth is still strong.
Her comments come after Wall Street and other major financial markets plunged sharply last week.
She was echoing the sentiment of other experts who noted that, despite the rollercoaster ride on the markets,... global GDP global growth rates and company earnings are still strong.
Speaking in Dubai on Sunday,... Christine Lagarde said sharp swings aren't that worrying,... since economic growth is still strong.
Her comments come after Wall Street and other major financial markets plunged sharply last week.
She was echoing the sentiment of other experts who noted that, despite the rollercoaster ride on the markets,... global GDP global growth rates and company earnings are still strong.