IMF predicts US recession: report - Yahoo! News

IMF predicts US recession: report - Yahoo! News: "BERLIN (AFP) - The International Monetary Fund will next week forecast that the US economy will go into recession this year, a German newspaper reported Tuesday, citing an upcoming report.

The IMF believes the US will experience at least two successive quarters of negative growth -- the technical definition of a recession -- and will grow only half a percent over the whole of 2008, weekly Die Zeit reported."