Market news
02.03.2012, 17:27

IMF representative: "The United States is dominated by downside risks"

  • World economic growth is expected to slow to 3.25% in 2012

  • The U.S. should maintain a stimulating monetary policy, to agree to a fiscal plan

  • The U.S. needs a policy that will correct the situation on the labor and housing markets

  • In Europe, the expected mild recession in 2012

  • Europe should support growth, to soften its monetary policy

  • The ECB should not hesitate in using unconventional monetary measures

  • Europe needs a single bank body

  • European banks need to create capital reserves without reducing growth in lending

  • China's economy cools, the GDP in 2012 is expected to reach 8.25% against 9.25% in 2011

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