IMF's Lagarde voices concern over global economy

(Reuters) - The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down.

The comments by IMF Managing Director Christine Lagarde came after the European Central Bank, the Bank of England and China's central bank all eased monetary policy in a sign of the growing alarm over the health of the world economy.

Financial markets will be glued later on Friday to news of U.S. jobs data for the month of June for the latest sign on the health of the world's biggest economy, which has shown signs of losing momentum.
China, the world's second-biggest economy, releases a raft of data next week, including on second-quarter GDP.

"In the last few months, the global outlook has been more worrying for Europe, the United States and large emerging markets," Lagarde said in a speech in Tokyo.

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