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International Monetary Fund Managing Director Christine Lagarde gestures as she speaks about the global economy at the Johns Hopkins School of Advanced International Studies in Washington April 2, 2014. The European Central Bank should ease monetary policy to combat the risk of “low-flation” that could crimp euro zone output and consumer spending, the head of the International Monetary Fund said on Wednesday.

IMF Managing Director Christine Lagarde. Reuters

IMF: ‘Low Oil Prices Affect Global Growth’

IMF: ‘Low Oil Prices Affect Global Growth’

Dubai- IMF Managing Director Christine Lagarde said that conflicts and lower oil prices will continue to affect growth and, by extension, also government revenue, not expecting oil prices to return to levels seen before June 2014. “After many years of feeble growth,...