Tuesday, June 19, 2007

UPDATE 1-U.S. economy shouLd regain momentum -IMF's Rato

(Reuters) - In text prepared for a speech in Toronto, IMF Managing
Director Rodrigo Rato said the situation in the U.S. housing
market was "more ambiguous" but added that the effects from
problems in the subprime mortgage market appeared to be
limited.




"We believe that the U.S. economic prospects are good,"
Rato told the Economic Club of Toronto.


Read more at Reuters.com Government Filings News

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