IMF’s Lagarde: Brexit is one 'serious downside risk' to global growth

IMF’s Lagarde once again warned markets that Brexit is one ‘serious downside risk’ to global growth.

Key quotes
Recovery 'too slow and too fragile'

Increasing risk of spillovers from emerging economies

Personally hope EU marriage 'doesn't break'

IMF review of UK will include special chap on Brexit

Pleased US fed considered global risks in setting policy

PBOC's Zhou communications help clarify situation