OECD says Fed should not abandon QE

  • ECB should cut interest rates close to zero, and resume bond buying if European crisis worsens
  • Forecasts US GDP growth up at 2.4% in 2012 from 2.0% in November, and 2.6% for 2013
  • Sees Eurozone 2012 GDP growth down to -0.1% from +0.2%

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