Reuters reports, citing a document seen before the official report next week
- IMF views that ECB monetary policy accommodation remains necessary
- IMF views that there is a small undervaluation in the euro exchange rate
- IMF views that euro area countries with high debt like Italy should create more fiscal space by implementing structural reforms
A sneak peak of what to expect from the IMF ahead of the official release next week. It's interesting that they touched on the exchange rate here but the remarks here won't have much significance as we'll get the latest ECB monetary policy statement and Draghi's thoughts later on in the day.
