Friday, 22 June 2007

UPDATE 1-IMF says US soft landing scenario likely amid risks

(Reuters) - "The most likely scenario is a soft landing as growth
recovers and inflation falls," the IMF said in a statement
summarizing staff views after a review of the U.S. economy.




At the same time, economic growth is "uncomfortably close"
to the 2 percent stall speed associated with past recessions,
the IMF said. In addition, cost pressures from rising energy
and food prices could spur inflation, particularly if the
productivity of U.S. workers fails to pick up, the world
financial body said.


Read more at Reuters.com Bonds News

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