IMF'S Lagarde says IMF maintains January forecast of 3.9% global growth for 2018 and 2019

Lagarde says:

  • Global growth risks heightened from trade disputes, technology change, monetary policy normalization
  • SE Asia govts have been preparing for monetary policy normalization in advanced economies but its effect on companies, jobs, incomes is uncertain
  • ASEAN govts need to stay vigilant for effects on financial stability, volatile capital flows from higher rates
  • ASEAN govts should embrace new growth models, technology to put greater emphasis on domestic demand, regional trade, export diversification
  • Countries must prepare for rapid automation of many tasks through workforce education to take advantage of new technologies

International Monetary Fund Managing Director Christine Lagarde speaking to an IMF conference in Jakarta

Headlines via Reuters

Yeah, I know, this pic again, its up there with Kuroda laughing his head off IMO