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The International Monetary Fund's latest round of forecasts highlights the divergence: an improved US outlook, worse prospects for the euro zone and miserable figures for the UK
'Central banks will occupy an ever-more important position in the economic and security life of nations, if history is any guide'
"There's really a very narrow path to get things right," Gopinath said, noting that the dollar's sharp rise had important macroeconomic implications for a host of countries around the world
One of their worries is that households and businesses have become so cautious that they do not respond in expected ways