IMF's Kohler sees hope for economic recovery

US - The US economy is expected to show signs of recovery by the end of the year in spite of last week's terrorist attacks and the sharp decline in the airline industry, the International Monetary Fund said yesterday, 19 September.

Horst Kohler, the IMF's managing director, said the recovery of the global economy was likely to be "a bit less strong than expected". But he insisted that it was likely to avoid recession, and that the IMF's forecast for global economic growth would not dip below 2