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IMF’s Lagarde Says ‘Downside Risks’ Are High for Global Economic Recovery

Enlarge image IMF Managing Director Christine Lagarde

IMF Managing Director Christine Lagarde

IMF Managing Director Christine Lagarde

Chris Ratcliffe/Bloomberg

Christine Lagarde, managing director of the International Monetary Fund.

Christine Lagarde, managing director of the International Monetary Fund. Photographer: Chris Ratcliffe/Bloomberg

Sept. 22 (Bloomberg) -- International Monetary Fund Managing Director Christine Lagarde talks about "downside risks" for the global economy, the IMF's mission and goals for its annual meetings in Washington this week, and the European sovereign-debt crisis. Lagarde, speaking with Tom Keene on Bloomberg Television's "InBusiness With Margaret Brennan," also discusses IMF funding and her experience in preparing for her new job. (Source: Bloomberg)

International Monetary Fund Managing Director Christine Lagarde said “downside risks” are high for the world economy.

“We’re in it together and we will be able to solve it together,” Lagarde said in an interview on Bloomberg Television with Tom Keene. “Growth has slowed, the downside risks are high.”

Lagarde said she will try to instill a “sense of urgency” at the IMF’s annual meetings this week.

To contact the reporter on this story: Simon Kennedy in Paris at skennedy4@bloomberg.net

To contact the editor responsible for this story: Simon Kennedy at skennedy4@bloomberg.net

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