Jun 15, 2009
By Rex Nutting
WASHINGTON (MarketWatch) -- The sharp decline in the U.S. economy may be easing, but the economy remains fragile, the staff of the International Monetary Fund said Monday. The IMF forecast calls for a gradual recovery. U.S. officials have three challenges: Stabilizing the economy, developing an exit strategy to unwind "massive public interventions," and addressing the long-term consequences of the crisis, including reforming the financial system and rebalancing government and household budgets. In separate comments in Central Asia, IMF Managing Director Dominque Strauss-Kahn said officials need to be cautious about overreacting to "green shoots" because "the large part of the worst is not yet behind us."
Stimulus to marginally spur U.S. economy: IMF
Mon Jun 15, 2009
WASHINGTON (Reuters) - The International Monetary Fund on Monday said a heavy dose of stimulus would ease the U.S. recession this year and lift growth marginally in 2010. It said the U.S. dollar was only modestly above the level implied by medium-term fundamentals and its value would depend on foreign appetite for U.S. assets.
U.S. dollar reserve status to remain-IMF official
WASHINGTON (Reuters) - The U.S. dollar's status as the world's dominant reserve currency is likely to remain that way, a senior International Monetary Fund official said Monday.
IMF projects 'solid' US recovery in mid-2010
WASHINGTON (AFP) — The International Monetary Fund on Monday said the US economy was poised for stronger growth than previously thought, with a "solid" recovery from recession in mid-2010, but cited risks, notably from the housing crisis and rising interest rates.
US recession will be less severe than feared, IMF says
15 Jun 2009
The American recession will be less deep and shorter than initially predicted, according to new forecasts published on Monday by the International Monetary Fund (IMF).
Stimulus to marginally spur U.S. economy: IMF
Mon Jun 15, 2009
WASHINGTON (Reuters) - The International Monetary Fund on Monday said a heavy dose of stimulus would ease the U.S. recession this year and lift growth marginally in 2010. It said the U.S. dollar was only modestly above the level implied by medium-term fundamentals and its value would depend on foreign appetite for U.S. assets.
U.S. dollar reserve status to remain-IMF official
WASHINGTON (Reuters) - The U.S. dollar's status as the world's dominant reserve currency is likely to remain that way, a senior International Monetary Fund official said Monday.
IMF projects 'solid' US recovery in mid-2010
WASHINGTON (AFP) — The International Monetary Fund on Monday said the US economy was poised for stronger growth than previously thought, with a "solid" recovery from recession in mid-2010, but cited risks, notably from the housing crisis and rising interest rates.
US recession will be less severe than feared, IMF says
15 Jun 2009
The American recession will be less deep and shorter than initially predicted, according to new forecasts published on Monday by the International Monetary Fund (IMF).
