OECD Downgrades Global Growth, Says Fiscal Stimulus Needed

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OTTAWA - The global economy is growing at a stubbornly weak pace and governments should be deploying fiscal tools alongside monetary policy to stoke growth, the Organisation for Economic Co-operation and Development said in its latest outlook Thursday. The OECD downgraded its 2016 global growth outlook to three percent from 3.3 percent, matching last…

Elusive global growth outlook requires urgent policy response (OECD, 2/18/2016)