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Economy - Thursday (Investor's Business Daily)

This is a discussion on Economy - Thursday (Investor's Business Daily) within the Announcements forums, part of the Sikh Business Network category; Investor's Business Daily - The U.S. will miss the International Monetary Fund's 2.9% growth forecast, but not in a "significant ...

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03-30-2007, 07:23 AM

Gurmastak Singh Gurmastak Singh is offline

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Join Date: Feb 2007

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Economy - Thursday (Investor's Business Daily)

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Investor's Business Daily - The U.S. will miss the International Monetary Fund's 2.9% growth forecast, but not in a "significant way," Managing Director Rodrigo Rato said. Subprime mortgage woes will hurt spending in '07 but won't destabilize the fin'l sector. "The impact of the housing sector is a limited one, given that employment and family income is very strong," he said.

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« IBM opens business to support mortgage industry (Reuters) | BOJ tankan shows cautious Japan business sentiment (Reuters) »

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