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Thursday, 2 October 2014

IMF's Lagarde says global recovery 'not good enough'

IMF Director Lagarde delivers her speech on the global economy ahead of the fall meetings of the IMF and World Bank at Georgetown University in Washington WASHINGTON (Reuters) - The global economy could be stuck in a weak growth rut for a long time as countries struggle to pull free from a past of high debt and unemployment, the head of the International Monetary Fund said on Thursday. The economic rebound is even weaker than the IMF predicted six months ago, and countries risk getting stuck in a prolonged period of sluggish growth, especially in the euro zone, Christine Lagarde, the IMF's managing director, said. ...








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