Reuters logo
3 years ago
IMF's Lagarde says low inflation could derail euro zone recovery
March 3, 2014 / 10:01 AM / 3 years ago

IMF's Lagarde says low inflation could derail euro zone recovery

1 Min Read

BILBAO, Spain, March 3 (Reuters) - The head of the International Monetary Fund said on Monday that prolonged low inflation could put at risk the euro zone's economic recovery.

"The risk of prolonged low inflation - inflation substantially below the ECB's price stability objective of 2 percent - is also looming and could derail the recovery," IMF Managing Director Christine Lagarde told an economic conference in Bilbao, northern Spain.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below