IMF will raise the Global economic growth: U.S economy improving
Christine Lagarde, IMF managing director has claimed yesterday
Jan 8th 2014 that the IMF
will rise the global economic growth forecasts on optimism on global economic recovery
The U.S
economy has been estimated to grow faster in 2014 especially after the Fed
decision to reduce its monetary stimulus program and the shrinking U.S Trade
deficit balance. However there emerging countries are still suffering from credit crisis.
But
some confidence has returned to the markets after the Fed started to reduce the
quantitative easing program on December meeting 2013. Furthermore, John Williams
Federal reserve bank of San Francisco
claimed on Tuesday Jan 7th 2014 that the Fed is likely to end the bonds buying program this year.
Fed
Chairman Ben Bernanke, who is serving his final month as U.S. central bank
chief before Vice Chair Janet Yellen takes the reins on Feb. 1, said the
program would likely wind down in late 2014.
http://www.capitol-academy.com/en/promotion.html