The International Monetary Fund has urged the US Federal Reserve to keep interest rates lower for longer after downgrading its forecast for the country's growth rate.
The international body has cut its April forecast of 2.8% growth for 2014 down to 2%. It blamed a harsh winter, as well as a still-struggling housing market, for the weak first quarter figures which have...
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After strategic review
As annual profits almost double
Industry Voice: One of the most serious problems with GDP is that it fails to measure the impact of economic growth on the planet's finite environmental resources. As economist Kenneth Boulding once put it: "Anyone who believes that exponential growth...