BREAKING NEWS

BREAKING NEWS

IMF's Lagarde: Fed tightening won't be as accelerated as anticipated earlier - CNBC

IMF's Lagarde: Fed tightening won't be as accelerated as anticipated earlier - CNBC
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ARND WIEGMANN(Reuters)
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(Reuters) - IMF Managing Director Christine Lagarde told CNBC on Tuesday that the U.S. Federal Reserve's tightening policy will not be as accelerated as anticipated earlier, adding that the Fed's patient attitude is positive for growth.

Commenting on the U.S. government shutdown, she said that a prolonged shutdown is "not a good thing".

(Reporting by Kanishka Singh in Bengaluru; Editing by Chizu Nomiyama)

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