4 May 2001, 11:06 IMF's Koehler says danger of U.S. recession still remains
FRANKFURT (AFX) - The danger of a recession in the U.S. still
remains, International Monetary Fund chairman Horst Koehler said in an
interview with German daily Frankfurter Allgemeine Zeitung.
"Up until now we have been expecting a swift economic recovery, but
this depends to a large extent on the development of investment
activity over the next two months," Koehler said.
The recent good U.S. GDP figures should be greeted with caution,
since investment activity remains very weak, he said.
© 1999-2024 Forex EuroClub
All rights reserved