[global economy] imf growth rate projections

The overall outlook for global growth is uncertain, said IMF chief economist Raghuram Rajan, due to: sharper slowdown in the US; increase in global inflationary pressures from tight labour and commodity markets; and an unwinding of global imbalances, particularly trade-related. He also urged the US to raise interest rates to dampen inflationary pressure. The IMF tipped China to expand 10 percent this year and India 8.3 percent.