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IEA: Oil near $100 still a threat to global economy
As growth slows and expectations of rate cuts rise, Aditya Puri, managing director of HDFC Bank, says that while some room for rate easing has opened up, any dramatic reduction in rates is unlikely.
05 Jun 2012, 03:16 PM IST 
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Inside an IKEA store in Stockholm, Sweden
Oil prices near $100 a barrel are still a threat to a slowing global economy that is likely to consume less fuel than the International Energy Agency (IEA) had forecast, the IEA's executive director said on Tuesday.
