New IMF Head: US Needs Debt Deal ‘Immediately’

Newly crowned IMF queen Christine Lagarde called for “bold fiscal action” to end the US debt ceiling crisis today, though she warned that drastic spending cuts could lead to a jobless recovery. “I’m hopeful that the political courage shown by European leaders will soon be followed” by the US, she…

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New IMF Head: US Needs Debt Deal ‘Immediately’

Posted by on July 26, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.