Lagarde approves of BoJ’s ‘brave’ decision to launch more QE
Managing director: ramping up of asset purchases is ‘perfectly legitimate’
International Monetary Fund managing director Christine Lagarde today threw her support behind the Bank of Japan's recent decision to ramp up its quantitative easing programme, describing it as "perfectly legitimate" during a high-profile panel discussion in Paris.
Federal Reserve chair Janet Yellen, Reserve Bank of India governor Raghuram Rajan, Bank of Mexico governor Augustín Carstens and European Central Bank executive board member Benoît Coeuré also participated in the discussion, held as
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