IMF may lower Global Growth Forecast Because of Situation in Emerging Countries says Lagarde

Christine Lagarde - World Economic Forum Annua...

Shocking that the IMF over estimated the global growth forecast. How about just saying look we have no idea how the currency race to the bottom is going to effect global markets. I would love to see QE stopped and a .5% rise by the US Federal Reserve,  That would really shake things up.

“We had a growth forecast of about 3.3 per cent,” Lagarde said, referring to the fund’s forecast for 2013.

http://economictimes.indiatimes.com/news/international-business/imfs-christine-lagarde-says-may-trim-global-growth-forecast/articleshow/20956559.cms

Enhanced by Zemanta
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s