ECB should keep policy loose or ease further - IMF chief
WASHINGTON (Reuters) - The European Central Bank should keep monetary policy easy and perhaps try to lower borrowing costs further to help the euro zone's struggling economy, the head of the International Monetary Fund said on Thursday.
"Continued if not further monetary easing will be appropriate in order to sustain demand," IMF Managing Director Christine Lagarde told a news conference.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.