ZCZC
BCN-03
IMF-US-ECONOMY-GROWTH
IMF cuts 2019 US growth forecast to 2.3% amid growing risks
WASHINGTON, April 9, 2019 (BSS/AFP) – The International Monetary Fund on
Tuesday cut its US growth forecast significantly for 2019 but said the US
would still outpace other advanced nations as the global economy slows.
The world’s largest economy is now expected to expand at a 2.3 percent clip
this year, down from the 2.5 percent expected in January but still
comparatively strong, the IMF said its quarterly World Economic Outlook.
However, the report warns of building risks including high debt levels and
trade tensions.
BSS/AFP/SR/1850 HRS