IMF's Rato sees 5% global growth in 2006

The global economy should maintain its strength this year, with growth likely at around 5 percent, IMF Managing Director Rodrigo Rato said on Tuesday 5 September.

Rato told reporters the expansion in the United States is moderating to a more sustainable pace, largely reflecting the slowdown in the housing market and impact from higher interest rates.

"We expect next year to be another year of solid growth, with expansion in Europe and Japan supporting global demand, even if the U.S. economy coo

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