Today the International Monetary Fund cut its global growth forecast and warned that even more financial trouble could be on the way if policy makers in Europe don’t act with enough force and speed to shore up the region’s debt crisis. The euro recently felt to near a 2-year low versus the dollar of the weekend. Meanwhile tomorrow Federal Reserve Chairman Ben Bernanke will discuss the outlook for the economy and monitory policy in testimony to the US Senate Banking Committee. I’m on the line to talk more about this with Tara Sinclair, Associate Professor of Economics and International Studies at George Washington University. Source: Voice of Russia.
