Lagarde predicts EU, U.S. growth as China slows

April 16, 2015 11:49 PM

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WASHINGTON — Economic growth will pick up this year in Europe, the United States and other advanced economies while slowing in China and some other developing countries, International Monetary Fund Managing Director Christine Lagarde said Thursday.

Declining prices of commodities, such as oil, copper and iron ore, will hurt growth in some developing economies, such as China and Brazil, Lagarde said.

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