The Wall Street Journal covers an Atlantic Council event with International Monetary Fund Managing Director Christine Lagarde:

IMF Managing Director Christine Lagarde said the global economy risks a protracted economic slowdown as policy makers fail to take appropriate action to spur output.

“Today what we must do is avoid that [the] new mediocre becomes the ‘new reality,’” Ms. Lagarde said in a speech to the Atlantic Council ahead of next week’s semiannual meetings of the IMF and World Bank. “All policy space and levers must be utilized,” she said.

Read the full article here.