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IMF trims global growth forecast, sees bumpy recovery

The International Monetary Fund on Tuesday shaved projections for global economic growth for this year and next to take into account sharp government spending cuts in the United States and the latest struggles of recession-stricken Europe.

 

I.M.F. Forecast: Global Economic Growth Modest at Best

The fund said that growth is hardly expected to snap back to pre-crisis levels of 4.5 to 5.5 percent in the coming years.

 

Ten Years To Go Til World Economy Recovers, IMF Economist Says

Lehman Brothers

The question is whether that’s 10 years from now, or 10 years from 2008, which means we have six more years until the world economy truly recovers from the 2008 housing and derivatives bubble that first exploded in the Manhattan offices of Bear Stearns and Lehman Brothers. That’s the view of International Monetary Fund chief economist Oliver Blanchard.

 

Europe rejects U.S. approach to financial crisis, stirring doubts about plan

Europe rejects U.S. approach to financial crisis, stirring doubts about plan

European officials have rejected key recommendations from the United States and the International Monetary Fund, casting doubt on whether an emerging plan to address the region’s financial crisis will be as broad or fast acting as hoped.

 

IMF downgrades outlook for US and Europe economies

The International Monetary Fund is sharply downgrading its outlook for the U.S. economy through 2012 because of weak growth and concern that Europe won't be able to solve its debt crisis.

 

IMF says policymakers should use all measures

Policymakers in advanced economies should use all available tools to boost growth, International Monetary Fund Managing Director Christine Lagarde said on Friday, calling for bold action to weather a "dangerous new phase" of recovery.

 

IMF's Lagarde says global economy "on the rebound"

IMF's Lagarde says global economy

International Monetary Fund Managing Director Christine Lagarde said on Wednesday the global economy was rebounding from the financial crisis but recovery remains unbalanced.

 

IMF urges US lawmakers to raise $14.3T debt limit

The International Monetary Fund urged U.S. lawmakers Wednesday to raise the nation's borrowing limit. It warned that inaction could lead to a spike in interest rates that would harm the U.S. economy and world financial markets....

 

Afghanistan says will deal with IMF crisis after summer holiday

Afghanistan said on Sunday it won't be able to address a key International Monetary Fund concern over a looming cash crisis, sparked by a corruption scandal at a failed bank, for more than a month because lawmakers are on holidays.

 

IMF cuts U.S. growth forecast, warns of crisis

IMF cuts U.S. growth forecast, warns of crisis

The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits.

 

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