The Slow Recovery Continues
Category: BUSINESS
The recovery continues, but it remains weak, indeed a bit weaker than we forecast in April. We have revised our forecast for world growth in 2014 from 3.7 percent in April to 3.4 percent today. This headline number makes things look worse than they really are.
By Olivier Blanchard, ContributorEconomic Counsellor and Director of the Research Department, I..., 2014-07-24