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IMF & World Bank: Global Economy Recovering but Problems Remain

The head of the International Monetary Fund, Christine Lagarde, says the global economy is improving and "moving into a strengthening phase." The assessment came Saturday after several days of talks in Washington at the spring meetings of the International Monetary Fund and the World Bank.Economic officials pledged to work for faster economic growth to help alleviate high unemployment in some nations. Officials also expressed concern that very low inflation may pose a risk for some...

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