IMF’S Cottarelli Sees Risk of Over-Tightening Fiscal Policy

The International Monetary Fund cautioned against cutting budget deficits too fast as global economic growth slows.

“Fiscal adjustment should continue but should continue at the right pace,” Carlo Cottarelli, who heads the IMF fiscal affairs department, told reporters today in Washington.

To contact the reporter on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.