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IMF’s Gopinath: High US deficits fueling demand, global growth, higher rates and US Dollar

First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, said on Saturday that the United States needs to raise revenues to bring down high budget deficits, even though they are helping to fuel global growth by stoking domestic US demand.

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This article was written by Greg Michalowski at www.forexlive.com.