30 April 2001, 12:28 IMF says world economic slowdown to be "short-lived"
Washington, April 29 (BridgeNews) - The world's economic slowdown
should be short-lived, although prospects for future growth have weakened
significantly in the last six months and downside risks have increased,
the International Monetary Fund said. The IMF avoided making any direct
call for the European Central Bank to cut interest rates, saying only that
euro-zone policies "should continue to support confidence and strengthen
growth potential."
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