Others - including its chief economist, Olivier Blanchard - might well take a different view.
Her chief economist, Olivier Blanchard, said his scepticism about the currency peg had been proved wrong.
Olivier Blanchard, an economist at the Massachusetts Institute of Technology, puts it down to transatlantic differences in taste.
Chief Economist Olivier Blanchard, an employment expert appointed by Strauss-Kahn in 2008, wants to maintain a kinder, gentler IMF.
"We think this would be a good time to take stock, " Olivier Blanchard told BBC Radio 4's Today programme.
And IMF chief economist Olivier Blanchard warned that Mr Osborne was "playing with fire" if he continued his current strategy.
His comments come as a rebuff to the International Monetary Fund's chief economist, Olivier Blanchard, who has called for the UK to slow down its austerity programme.
Last year, IMF Chief economist Olivier Blanchard released a paper co-authored with Daniel Leigh examining the impact of fiscal austerity (Full disclosure: Blanchard was my PhD supervisor).
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In today's press conference, the chief economist, Olivier Blanchard, said explicitly that the UK could consider a more moderate pace of fiscal tightening, beyond what the government had already done.
In that way Mr Draghi shares an intellectual heritage with Ben Bernanke, the Federal Reserve chairman, Olivier Blanchard, the IMF's chief economist, and Paul Krugman, a New York Times columnist.
Last week the IMF downgraded its growth forecasts for the UK, and chief economist Olivier Blanchard warned the UK was "playing with fire" and should consider alternatives to its current austerity drive.
Also last week, the IMF cut its growth forecast for the UK, and its chief economist, Olivier Blanchard, urged the UK to rethink its austerity policy in the face of continuing weakness in the economy.
Spain has some support for going slow on austerity from the International Monetary Fund, whose chief economist Olivier Blanchard recently warned that the economic pain caused by government spending cuts across the over-indebted industrialised world since 2009 has proved far worse than expected.
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