Skip to main content

Business wires

IMF cuts global growth outlook, warns of stagnation risk in rich nations

24/07 17:07 CET

IMF cuts global growth outlook, warns of stagnation risk in rich nations

WASHINGTON (Reuters) - The International Monetary Fund on Thursday chopped its 2014 forecast for global economic growth to take into account weakness early in the year in the United States and China, the world's two biggest economies. The IMF warned that only some of the factors leading to the reduction were temporary, and said richer nations in particular faced the risk of economic stagnation unless they do more…

reuters

euronews provides breaking news articles from Reuters as a service to its readers, but does not edit the articles it publishes.

Copyright 2014 Thomson Reuters. Click For Restrictions.


Log in
Please enter your login details