OECD ASSUMES ECB 50BP CUT BY MID-2001,THEN STEADY TO END 2002
OECD ASSUMES FED 25BP CUT THIS SUMMER, 25BP HIKE BY END 2002
OECD:BUT FED CAN CUT MORE IF US ECONOMY WEAKER THAN EXPECTED
OECD ASSUMES US $60 BN FRONT LOADED TAX CUT,PLUS BUSH TAX PLAN
OECD CUTS US 2001 GDP TO 1.7% (3.5%); 2002 TO 3.1% (3.5%)
OECD: US GDP LIKELY TO RECOVER, IF SLOWLY, IN 2ND HALF 2001
OECD CUTS JAPAN 2001 GDP TO 1.0% (2.3%); 2002 TO 1.1% (2.0%)
OECD: 'FURTHER MODEST EASING' OF BOE RATES SHOULD BE JUSTIFIED
OECD ASSUMES SWISS INTEREST TO REMAIN STABLE THROUGH 2002
OECD: GIVEN INFL. PICKUP, RIKSBANK SHOULD KEEP RATES ON HOLD
OECD: MORE IMBALANCES IN US/ELSEWHERE MAIN RISK TO GLOBAL GDP
OECD: BANK SECTOR PROBLEMATIC IN JAPAN/SEVERAL EMERGING MKTS
OECD CUTS EURO ZONE 2001 GROWTH FORECAST TO 2.6 PCT FROM 2.7