IMF'S Lagarde: Fed likely to start trimming bond purchases next year
WASHINGTON, June 14
WASHINGTON, June 14 (Reuters) - The International Monetary Fund expects the U.S. Federal Reserve will trim the amount of bonds it buys every month beginning next year, the organization's chief said on Friday.
"In terms of our hypothesis for next year's (economic) forecast, I think we have assumed a very slight decline" in monthly purchases made by the Fed, 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.