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30 April 2001 12:28  IMF says world economic slowdown to be "short-lived"


Washington, April 29 (BridgeNews) - The world's economic slowdown should be short-lived, although prospects for future growth have weakened significantly in the last six months and downside risks have increased, the International Monetary Fund said. The IMF avoided making any direct call for the European Central Bank to cut interest rates, saying only that euro-zone policies "should continue to support confidence and strengthen growth potential."
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