Koehler- Major economies can still ease mon policy

Horst Koehler said in a speech that interest rates still have room to fall further for the world's major economies. He also suggested that fears of a global recession were over played despite ongoing uncertainty.

Source: Channel News Asia

IMF Managing Director Horst Koehler has said the world's major economies still have scope for further monetary easing if needed.

The remark was contained in the text of a speech prepared for a news conference in Athens.

Mr Koehler was speaking three days after

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