Tuesday, June 19, 2007

UPDATE 2-IMF's Rato sees U.S. economy regaining momentum

(Reuters) - TORONTO, June 19 - The U.S. economy is likely to
regain momentum as the drag from the current housing downturn
and softness in the business sector ease, the head of the
International Monetary Fund said on Tuesday.




In the text for a speech in Toronto, IMF Managing Director
Rodrigo Rato pointed to recent data showing a recovery in the
U.S. manufacturing sector, but cautioned the the situation in
the U.S. housing market was "more ambiguous".


Read more at Reuters.com Bonds News

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