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IMF chief hails UK economic recovery

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The head of the International Monetary Fund has handed David Cameron a helpful pre-election gift, hailing the British economic recovery as “exactly the sort of result” she would like to see.

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September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy – moving official interest rates in baby steps to keep inflation low – and unconventional monetary policy.

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IMF chief hails UK economic recovery

The head of the International Monetary Fund has handed David Cameron a helpful pre-election gift, hailing the British economic recovery as “exactly the sort of result” she would like to see.