Oil price rise not threat to global recovery: IMF

The International Monetary Fund does not see a rise in oil prices as a threat to the global economic recovery and will closely monitor a new round of US policy easing, a senior IMF official said on Saturday.
"No, it seems that in the current environment the energy prices seem to be responding to strengthening growth certainly relatively close to a range that has appeared consistent with continued expansion in the global economy," first managing director John Lipsky told reporters on the sidelines of a meeting of Gulf policymakers in Kuwait.