REUTERS
The global recovery is "too slow, too brittle and too lopsided," head of the International Monetary Fund Christine Lagarde said in India on Monday, news agency Reuters has reported.
"Monetary policy in the world's leading economies was out of step and, even if well managed, could cause "excessive volatility" in international financial markets," she said.
"More than six years after the global financial crisis, the world will grow by a sub-par 3.5% this year and 3.7% in 2016," Lagarde said, reiterating recent IMF forecasts.
"Looking ahead, something better may yet come on the back of low oil prices and interest rates," she said in a speech to women students.
"Still, there are significant risks to this fragile global recovery," she said.