OECD - Gradual rebalancing of economic growth expected between US and Europe in second half of 2006

05-Sep-2006
Some gradual rebalancing of economic growth is expected between the US and Europe in the second half of 2006, according to the OECD’s interim assessment. Chief Economist Jean-Philippe Cotis said that after the catch-up in activity earlier in the year growth is likely to slow in Europe while expansion in Japan and the US regains momentum.
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