Thursday, April 5, 2007

UPDATE 1-U.S. not stalked by recession -IMF chief economist

(Reuters) - "We do not think that the U.S. is heading toward a recession," IMF chief economist Simon Johnson told a news conference to discuss the first chapters of the fund's semi-annual World Economic Outlook, which will be released in full on April 11.

"Our message on the U.S. economy and world economy is really quite positive," he said, adding that the main weak spot in the United States was its cooling housing sector.


Read more at Reuters.com Bonds News

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