Lagarde says bullish economic outlook masks risks

By Kitco News / January 22, 2018 / www.kitco.com / Article Link

DAVOS, Switzerland, Jan 22 (Reuters) - Global growth will continue to strengthen this year and next, but a buildup of debt poses risks and policymakers must avoid complacency, IMF Managing Director Christine Lagarde said on Monday in Davos.

"Global growth has been accelerating since 2016 and all signs point to a continuous strengthening of that growth, this year in 2018 and next year in 2019," Lagarde told a news conference at the World Economic Forum after the IMF revised up its forecast for global growth to 3.9 percent for 2018 and 2019.

But she added: "We are seeing a troubling increase of debt across many countries and we need to remain watchful."


(Reporting by Noah Barkin and Dmitry Zdhannikov)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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