Draghi Quips IMF Should Extend Its ‘Generous’ Advice to Fed

European Central Bank President Mario Draghi mused today that the International Monetary Fund offers public opinions on how he should conduct monetary policy in a way that it doesn’t with the Federal Reserve.

Asked about comments yesterday by IMF Managing Director Christine Lagarde, he told reporters in Frankfurt that the fund has been “extremely generous in its suggestions on what we should do or not do.” Draghi said that “frankly, I would like the IMF to be as generous as they’ve been towards us with also other monetary policy jurisdictions, like for instance issuing statements just a day before an FOMC meeting would take place.”