While you were sleeping: Growth worries ratchet higher

Thu, 07 Apr 2016

By Margreet Dietz April 8 (BusinessDesk) - Equities declined amid renewed concern about the global economy and whether the world’s central banks have hit a wall in efforts to bolster growth. International Monetary Fund Managing Director Christine Lagarde warned that the global growth momentum was weak, while risks were probably on the rise, and confidence sorely lacking. “The good news is that the recovery continues; we have growth; we are not in a crisis,” Lagarde said in a speech in Frankfurt. “The not-so-good news is that the reco...

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