IMF Looking for Pledges, More Action From Europe

IMF Looking for Pledges, More Action From Europe Play

April 19 (Bloomberg) -- Bloomberg's Sara Eisen reports that International Monetary Fund Managing Director Christine Lagarde said she expects more contributions after landing pledges of about $320 billion in her campaign for bigger reserves to combat threats to global growth. Europe boosted their own defenses beyond $1 trillion last month, but euro-area policy makers are counting on reinforcement from the IMF to calm financial markets. She speaks on Bloomberg Television's "Surveillance Midday."

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