On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1230 AM Sioux Falls, SD 98.1 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
59° Feels Like: 59°
Wind: ENE 26 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Few Showers/Wind 65°

Tonight

Scattered Thunderstorms 47°

Tomorrow

AM Clouds/PM Sun 68°

IMF's Lagarde says may trim global growth forecast

International Monetary Fund Managing Director Christine Lagarde speaks during a news conference at IMF headquarters in Washington June 14, 2
International Monetary Fund Managing Director Christine Lagarde speaks during a news conference at IMF headquarters in Washington June 14, 2

PARIS (Reuters) - The International Monetary Fund may this week trim its global growth forecast because of the situation in emerging countries, IMF chief Christine Lagarde told a conference on Sunday.

"We had a growth forecast of about 3.3 percent," Lagarde said, referring to the fund's forecast for 2013.

"But I fear that considering what we are seeing now in emerging countries in particular - not developing countries and low-income countries but emerging countries - I fear that we might be slightly below that," she told an economists' conference in the southern French city of Aix-en-Provence.

Lagarde said she would not give specific numbers because the Fund would officially publish the data this week.

The IMF had cut its 2013 forecast for global growth to 3.3 percent in April, down from its January projection of 3.5 percent.

(Reporting by Michel Rose and Ingrid Melander; Editing by Elaine Hardcastle)

Comments