WASHINGTON (Reuters) - The International Monetary Fund on Wednesday slashed growth forecasts for every major country and urged governments to take forceful action to ensure the world economy's recovery from a severe recession.
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04/30/2024 - 3:39 pm | View Link - German economy skirts recession, helped by construction and exports
The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction sector and exports, preliminary data showed on Tuesday.
04/29/2024 - 9:35 pm | View Link - Higher Rates Could Knock Japan Into Recession, Says Former IMF Economist Blanchard
LONDON (Reuters) - Japan would face "a fairly strong" recession if it were to raise interest rates, Olivier Blanchard, former chief economist at the International Monetary Fund, said on Monday.
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