El-Erian: IMF Board Is Correct to Support Lagarde

Mohamed El-Erian, chief global adviser at Allianz and Bloomberg View Columnist, discusses the history of troubles for leaders of the IMF. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas." (El-Erian is a Bloomberg View columnist. The opinions expressed are his own.) (Source: Bloomberg)

Draghi: Mustn’t Use Policy to Pop Local Bubbles
09:29 - European Central Bank President Mario Draghi issued a reminder that the European Central Bank doesn’t tighten monetary policy to tame localized bubbles. He spoke in his role as chair of the European Systemic Risk Board at the ESRB Conference in Frankfurt. (Source: ESRB) (Source: Bloomberg)
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