IMF's Lagarde says current German surplus not justified -ARD

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

BERLIN, Jan 18 (Reuters) - The current level of Germany's trade surplus is not justified, IMF chief Christine Lagarde told German broadcaster ARD on Thursday, urging Berlin to increase its investments.

Lagarde also told ARD that the IMF supported the pursuit of loose monetary policies by the European Central Bank and all central banks as long as inflationary targets had not been met, adding, "but not forever."


(Reporting by Andrea Shalal; editing by Mark Heinrich)

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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