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Mounting household debt a stability risk: IMF

WASHINGTON: Growing household debt may offer a quick boost to economic growth but can raise the risks of a financial crisis over the medium term, the International Monetary Fund (IMF) warned on Tuesday. The findings come as central…

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment to getting global economic growth back to normal, the International Monetary Fund said Wednesday. The easy money policies of the world's…