IMF Raises Global Outlook as Advanced Nations Accelerate ... The International Monetary Fund raised its forecast for global growth this year as expansions in the U.S. and U.K. accelerate, and urged advanced economies to maintain monetary accommodation to strengthen the recovery. – Bloomberg
Dominant Social Theme: The IMF speaks and the world listens.
Free-Market Analysis: When did IMF utterances start to command the front page? These unelected and for the most part faceless bureaucrats have just decided the world will be in a lot better shape in 2014.
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