OECD: U.S., Japan lead G-7

Investor's Business Daily
April 2013
Investors Business Daily;4/ 1/2013, pA02
The top 7 developed economies should expand at an annualized pace of 2.4% in Q1 and 1.8% in Q2, rebounding from 0.5% contraction in Q4, the Organization for Economic Cooperation and Development said. The improvement will be led by growth of 3.5% in Q1 and 2% in Q2 in the U.S., and advances of 3.2% and 2.2% in Japan. But France and Italy will remain weak, offsetting a stronger Germany, with the OECD urging lower eurozone interest rates.


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