ECB chief Draghi rejects IMF head Lagarde’s advice

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FRANKFURT, Germany (AP) — Tensions between two of the world’s leading financial decision-makers emerged into public view Thursday as the European Central Bank’s president rejected advice by International Monetary Fund chief Christine Lagarde.

Mario Draghi suggested that the IMF has become overzealous in providing monetary policy guidance and probably wouldn’t have dared to lecture the U.S. Federal Reserve in the same way just before its rate-setting meeting.

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