OECD Cut Growth Forecasts, Calls on European Central Bank to Extend Growth Stimulus

ISTANBUL--September 17, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--The Organization for Economic Cooperation and Development (OECD) (Paris, France) slashed its growth forecasts for developed economies. The OECD cut its forecast for the Eurozone from 1.2% to 0.8% this year. The OECD also called for the European Central Bank to extend quantitative easing to increase growth stimuli for the European economy.

Within this article: Information regarding the latest forecast by the Organization for Economic Cooperation and Development