The Organization for Economic Cooperation and Development cut its economic growth outlook for 2011, forecasting a “softspot” as governments withdraw stimulus packages. It now expects a 4.2% growth rate, compared with a previous forecast of 4.5%.
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OECD Cuts World Growth Outlook, Predicts ‘Softspot’ in 2011 originally appeared on DailyFinance on Thu, 18 Nov 2010 07:00:00.