IMF: mixed message unlikely to inspire consumer confidence

August 2010
MarketWatch: Financial Services;Aug2010, Vol. 9 Issue 8, p10
Market Research Report
The article discusses the economic recovery from the global financial crises and the forecast by the International Monetary Fund (IMF). The IMF has forecasted the global economic growth for 2010 at 4.5 percent and 4.25 percent for 2011 and also warned of double dip recession. The U.S. is expected to grow at about 3.25 percent in 2010 and the eurozone at 1 percent. A survey in Great Britain revealed that less than 1 percent of consumers believe the recovery is well underway.


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