IMF SAYS BIDEN’S STIMULUS PROGRAM LIKELY TO BOOST US ECONOMIC GROWTH

Highlights

• Rice said “We see potentially significant positive spillovers in terms of global growth and most countries should benefit from strong US demand, so this will help global growth and recovery.”

• On the other hand, the IMF spokesman also cautioned that policy makers should stay on the alert for a sudden shift in borrowing rates

According to an IMF spokesman, the huge stimulus progr....