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.