Article source
Washington Post
Article date
Thu, Jun 13, 2013
The International Monetary Fund entered the debate over when the Federal Reserve should begin to wind down its monetary easing program, calling on the central bank Friday to continue the large-scale bond purchases through this year — at least.
The Fed’s current monetary strategy has provided important support to the U.S. and global economic recovery, the IMF said in its annual assessment of the U.S. economy.
Even though “the recovery is gaining ground and is becoming more durable,” there is a “way to go before the economy regains its strength,” Christine Lagarde, the IMF’s managing director, said at a press conference.