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IMF hikes German economic growth forecast to 1.9% from 1.7%

From forexlive.com

The IMF is late to get on the German bandwagon but is piling on nonetheless. •2014 forecast raised to 1.9% from 1.7% •2015 forecast raised to 1.7% from 1.6% •See inflation at 1.1% this year and 1.4% next year •Says Germany could invest an additional 0.5 percentage points of GDP without violating fiscal rules The German forecasts are still conservative — the market is looking for 2.0% growth this year and next. (full story)

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