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IMF chief sees global economic forecast cut this week -paper

BERLIN (Reuters) - IMF Managing Director Dominique Strauss-Kahn was quoted on Sunday as saying the IMF would cut its global economic forecasts in the coming week.

Strauss-Kahn also said there were some positive signals for the global economy but that a recovery would probably not set in until next year.

“We are not yet over the mountain. The IMF expects that a recovery will set in during the first half of 2010,” he told Germany’s Handelsblatt business daily in an interview to be published on Monday.

Reporting by Madeline Chambers; Editing by Sharon Lindores

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