IMF's Lagarde urges global policymakers to remain vigilant

04/13/2012 | CNNMoney · Reuters · Wall Street Journal, The

Christine Lagarde, managing director of the International Monetary Fund, said world leaders and policymakers must remain vigilant because the global economy is still fragile. "We must not let down our guard," Lagarde said. "Clearly, the risk that looms largest is that sovereign and financial stresses return with renewed force in Europe." However, she said that while the IMF needs to build up its reserves, it might not need as much money as previously thought.

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