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

FILE PHOTO: International Monetary Fund (IMF) Managing Director Christine Lagarde attends a news conference ahead of inauguration of World Economic Forum (WEF) in Davos, Switzerland, January 21, 2019. REUTERS/Arnd Wiegmann - Copyright ARND WIEGMANN(Reuters)

By Reuters

Published on 22/01/2019 - 17:04•Updated 11/05/2024 - 00:45

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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".