FRANKFURT, April 3 European Central Bank
President Mario Draghi swatted away suggestions from the
International Monetary Fund that his bank should ease monetary
policy further on Thursday, questioning the timing of the Fund's
most recent comments.
"The IMF has been of recent extremely generous in its
suggestions on what we should do or not do, and we are really
thankful for that," Draghi told a news conference after the
ECB's monthly policy meeting.
"Frankly, I would like the IMF to be as generous as they
have been towards us also with other monetary policy
jurisdictions, like for example issuing statements just the day
before a (U.S. Federal Reserve) meeting would take place," he
IMF Managing Director Christine Lagarde on Wednesday called
on the ECB to ease monetary policy to move prices higher, saying
"lowflation" in advanced economies risked undercutting an
already sluggish global recovery.
The ECB left its policies unchanged on Thursday.
(Reporting by Hugh Lawson; Editing by Jeremy Gaunt)