Lagarde Says Fed Must Be Sure of Jobs and Prices Before Moving

  • IMF chief says Fed should `really do it for good' on increase
  • Lagarde says data should be absolutely confirmed on Fed hike

Christine Lagarde, managing director of the International Monetary Fund.

Photographer: Rony Zakaria/Bloomberg

The U.S. Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, the head of the International Monetary Fund said after a Group of 20 meeting focused on the pressure the increase may place on the global economy.

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