IMF sees potential hazard in US fiscal policy

The managing director of the International Monetary Fund, Rodrigo de Rato, said Monday 20 September that the dollar would have to fall and the United States would have to tackle its growing indebtedness to avoid a threat to the world economy some time in the future.

In a speech at the Council on Foreign Relations in New York, de Rato did not spare rich or poor nations in his diagnosis of the world economy and said it was a good time for all countries to begin cutting their deficits and making

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