Wed, Apr 22nd, 2009
April 22 (Bloomberg) -- Australian and New Zealand centralbanks can cut interest rates further, making them better placedthan counterparts to cushion their economies from the globalrecession, the International Monetary Fund said.
“Conservative monetary and fiscal policy management inthese economies now leave policymakers better placed than thosein other economies to mitigate further declines in demand,” theIMF said in it world economic outlook released in Washingtontoday. “Policy rates have been cut rapidly and can be cut stillfurther.”
Related stories from top sites:
India Won't Use IMF Loan to Gain Leverage, Says Bank Chief
Apr 22nd, 2009 - Wall Street Journal
WASHINGTON -- India's central bank governor said Saturday the country isn't planning to use a promise of a loan to the International Monetary Fund as leverage to gain a greater role within the institution.
World economy in severe recession, IMF says
Apr 22nd, 2009 - Reuters
WASHINGTON (Reuters) - The International Monetary Fund on Wednesday slashed growth forecasts for every major country and urged governments to take forceful action to ensure the world economy's recovery from a severe recession.
Australia's Swan Says IMF Growth Forecasts Will Hurt Budget
Apr 22nd, 2009 - Bloomberg
April 23 (Bloomberg) -- Australian Treasurer Wayne Swansaid International Monetary Fund forecasts for his nation’seconomy are “bleak” and will have severe consequences for thegovernment’s budget...
The Pessimistic IMF
Apr 22nd, 2009 - Forbes.com
The International Monetary Fund's global economic outlook went from bad to worse after its economists concluded a recovery for world financial markets is farther off now than the agency thought in January...
IMF Sees Chile GDP +0.1% In 2009, Picking Up 3% In 2010
Apr 22nd, 2009 - Wall Street Journal
SANTIAGO (Dow Jones)--Chile's gross domestic product will likely grow a marginal 0.1% on the year in 2009, recovering to a 3% on-year gain in 2010, the International Monetary Fund said Wednesday. The IMF's outlook for 2009...




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