The OECD also cautioned about the impact of another damaging fight over the U.S. budget. A little over a month ago, the U.S. narrowly avoided technically defaulting on some of its debts following a protracted and often dysfunctional battle in Congress over the budget and the raising over the debt ceiling."Brinkmanship over fiscal policy in the United States remains a key risk and uncertainty," Pier Carlo Padoan, the OECD's chief economist, wrote in a commentary accompanying the report.
Global Growth Likely To Lag Despite Europe Rebound
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