IMF's Lagarde says no-deal Brexit is 'obviously the worst case scenario': CNBC By Reuters

Week Ahead: Stocks, USD Gain, But Yields Signal Risk-Off Headwinds Upcoming

IMF's Lagarde says no-deal Brexit is 'obviously the worst case scenario': CNBC

EconomyJan 22, 2019 07:05AM ET

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© Reuters. International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the opening ceremony for the first China International Import Expo (CIIE) in Shanghai

(Reuters) - IMF Managing Director Christine Lagarde told CNBC on Tuesday that Brexit poses uncertainty for Europe and UK and that a no-deal Brexit is "obviously the worst case scenario".

The IMF had warned in November that a no-deal Brexit would cost Britain 6 pct of GDP. The United Kingdom is due to leave the European Union on March 29.

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