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IMF's Christine Lagarde doesn't see 'elements of recession'

212 views · Published 7 December 2018 · 0:51 · Indexed 13 October 2026

Channel: CGTN · 2018 · News & Politics

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The United States is not likely to see an economic contraction in the near term despite some uncertainty and market volatility. That was the word from International Monetary Fund (IMF) chief Christine Lagarde on Thursday. The comments were against a backdrop of a 3-percent drop on Wall Street. Lagarde did admit that there's a question mark about American growth prospects but the concerns are overblown.

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