BREAKING : IMF lowers its world growth forecasts for 2012 and 2013 as the US slows and EU crisis widens

#IMF lowers its world growth forecasts for 2012 and 2013 as the US slows and EU crisis widens. (n) 

#IMF forecasts US growth to be 2.2% in 2012 and 2.1% in 2013. (y) 

#IMF Forecasts Chinese GDP of 7.8% in 2012 and 8.2% in 2013 (n)

#IMF forecasts Euro-area growth of 0.2% in 2013 (previously 0.7%) (n) 

#IMF says the ECB may need to cut rates further on deflation risk (n)

 

Regard

Ghinie

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