IMF: Low oil prices will spur global economy
Posted on AllSides April 14th, 2015
From The Left
Low oil prices are spurring faster growth in the U.S. and other advanced economies, the International Monetary Fund said Tuesday, projecting the global economy will expand by 3.5% this year.
That's up from 3.4% growth in 2014 as the pickup in the advanced nations offsets a slowdown in emerging markets. The IMF released the forecast as finance ministers and central bankers from 188 countries converge on Washington for this week's IMF-World Bank spring m
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