ECB and Peoples Bank of China should ease policy, OECD says.
By Mark Deen, Bloomberg|November 27, 2012 at 04:27 AM|Originally published on Treasuryandrisk.Com
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The Organization for Economic Cooperation and Development cut its growth forecasts, warned of the risk of a “major” global recession and urged the European Central Bank and the People’s Bank of China to ease monetary policy.