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US economy recovering, Fed should be cautious – IMF’s Zhu

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The International Monetary Fund’s (IMF) Deputy Managing Director Zhu Min was on the wires stating the Fed raise rates as the US economy is recovering.

    Zhu further added the Fed should be cautious and the European Central Bank should continue easing. Earlier today, Zhu also said oil is unlikely to recover to $100/barrel anytime soon.
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