Investing.com - International Monetary Fund (IMF) managing director Christine Lagarde commented that the organization was likely to cut their forecast for global growth and admitted that the possibility of the U.K. voting to leave the European Union (EU), known as a Brexit, was a concern.
In an interview at the Women in the World New York Summit, Lagarde commented that she is concerned about geopolitical risks around the world and said that the IMF was likely to lower their forecast for global growth at the spring meetings of the IMF and World Bank to be held in Washington D.C. next week.
“The risk of a Brexit is a worry. It’s uncertainty. It’s apprehension,” Lagarde stated in responding to a question about her concern over the upcoming U.K. referendum on EU membership scheduled for June 23.
She added that the outcome is unknown.