BIS cbankers expect world economy to pick up

Central bankers meeting in Hong Kong on Feb 12, 2001 agreed that the global economy is now slowing but will return to growth in the second half of 2001, said an official who briefed reporters. Andrew Crockett, general manager of the Bank for International Settlements, told reporters that central banks will remain vigilant about the need for easier credit but he declined to talk about specific countries.The meeting was organized by the Basel-based BIS and brought together central bankers from

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