IMF says world economy is getting better -- or not

Updated

The deputy head of the International Monetary Fund says that his agency may revise expectations for 2010 world gross domestic product growth upward soon. But to some extent, he decided to hedge his comments and speak from both sides of his mouth.

In addition to his optimistic comments, he said, "While the latest data point to a slowing of the global contraction, there is still great uncertainty regarding the timing and pace of economic recovery," according toReuters.

Advertisement