IMF ups global economic growth forecast; US estimate reduced
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NEW YORK, September 29  - The global economy is expected to witness its highest growth rate in the past three decades this year, the International Monetary Fund (IMF) said in its World Economic Outlook announced today.
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WASHINGTON (CBS.MW) -- The global economic outlook that looked strong in April is starting to fray around the edges, according to an International Monetary Fund report released on Wednesday.
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The world's economy should grow at its fastest rate in 30 years in 2004, despite rising oil prices, the IMF says.
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IMF forecasts U.S. growth will slow, but experts note world economy increasingly resists spillover.
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The forecast came as the U.S. revised upward its estimate for third-quarter gross domestic product growth to a robust 3.9 percent from 3.7 percent.
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TORONTO (CP) - Stock markets pushed higher Friday morning after a report that the US economy grew at a slower pace than had first been estimated by the government, but not as slow as some economists had expected.
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PARIS The Organization for Economic Cooperation and Development raised its 2004 growth outlook Tuesday for the world economy, forecasting further expansion in Europe and a robust upturn in Japan that would outpace the United States for the first time in
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Washington - The International Monetary Fund (IMF) on forecast Wednesday a substantial jump in economic growth in sub-Saharan Africa this year and next, saying the outlook for the region was better than in years.
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The International Monetary Fund warned Tuesday that the risks of a global slowdown have increased due to higher interest rates, surging oil prices and an apparent cooling in the U.S. housing market that could slow the U.S. economy.
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The head of the International Monetary Fund on Tuesday predicted a "continued smooth ride" for the global economy, but cautioned there are signs of potential trouble ahead after several years of brisk growth.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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The global economy is doing better than  for years as red-hot Chinese growth combines with comebacks by  Europe and Japan to offset a U.S. slowdown, the Organization  for Economic Co-operation and Development said on Thursday.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, as it raised its growth forecast for the 12 nations that use the euro and cut its outlook for the United States.
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Government bonds rose across the US and Europe on Friday as a weaker than expected report on US employment capped a week in which the Federal Reserve upgraded its assessment of the outlook for the US economy, while seeming to downplay inflation fears.
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The recent jump in world oil prices has cast a cloud over the global economic recovery, the International Monetary Fund says. The Washington-based watchdog said world growth was expected to be the strongest
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CALGARY, Alberta  - The global economy continues   to grow briskly but the risks of an economic downturn have   increased since April, the head of the International Monetary   Fund Rodrigo Rato said on Friday.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.