IMF issues updates on German and US economies

IMF headquarters in Washington DC

The International Monetary Fund (IMF) today (July 3) announced the outcomes of the article IV consultations with Germany and the US.

"The German economy's performance has been remarkable despite facing considerable headwinds," said the IMF.

However, underscoring the country's "pivotal" role in reducing eurozone and global imbalances, the IMF called on German authorities to "continue to work with European partners to outline clearly and concretely the further efforts needed to enhance the broader

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