The IMF and Central Bankers are feeling witty

Lagarde out with some analogies, and this gem from BOC’s Stephen Poloz;

“We’re still an economy with our head in the oven and our feet in the freezer. So for the people with their feet in the freezer, that doesn’t resonate with them if you say everything’s on track,”

Typical CB and IMF language of late: Good but work in progress .

IMF published their meeting communiqué and Lagarde’s final comments can be found here

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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