IMF managing director Christine Lagarde, discusses her view of a potential interest rate increase in the U.S.
LAGARDE: I THINK THAT THE MONETARY AUTHORITIES, SUPERVISORS OF
VARIOUS MARKETS HAVE TO BE VERY ATTENTIVE AND THEY HAVE TO BE VERY
GRANULAR TO SEE WHETHER THERE IS BUBBLE DEVELOPMENTS. AND IF SO, TAKE
THE MACRO AND MICRO PRUDENTIAL MEASURES THAT WILL BE NECESSARY TO
ADDRESS THEM.
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