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Markets are in correction, perhaps over-reacting - IMF's Lagarde

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Reuters PARIS
Last Updated : Oct 17 2014 | 10:25 PM IST

PARIS (Reuters) - World financial market turbulence this week looks to be a simple correction, International Monetary Fund chief Christian Lagarde told a conference in Paris on Friday.

"You can't help thinking that we are seeing a market correction and perhaps, at this point at least, an over-reaction," Lagarde told an event at the OECD think tank.

(Reporting by John Irish; editing by Mark John)

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First Published: Oct 17 2014 | 10:11 PM IST

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