The IMF's UK forecast was cut more than expected Photo: Reuters
IMF Sees ‘Alarmingly High’ Risk of Deeper Global Slump -- Bloomberg
The International Monetary Fund cut its global growth forecasts as the euro area’s debt crisis intensifies and warned of even slower expansion unless officials in the U.S. and Europe address threats to their economies.
The world economy will grow 3.3 percent this year, the slowest since the 2009 recession, and 3.6 percent next year, the IMF said today, compared with July predictions of 3.5 percent in 2012 and 3.9 percent in 2013. The Washington-based lender now sees “alarmingly high” risks of a steeper slowdown, with a one-in-six chance of growth slipping below 2 percent.
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More News On The IMF's Forecasts For The Global Economy
IMF cuts growth forecast for UK in "gloomier" global outlook -- The Telegraph
I.M.F. Lowers Its Global Growth Forecast -- New York Times
IMF cuts global growth forecast; prods Europe, U.S. -- Reuters
IMF: Slow growth, big risks -- CNN
IMF: US 'fiscal cliff' would set back world economy -- AFP
IMF Reduces Latin American Growth Forecast on Global Downturn -- Bloomberg Businessweek
IMF cuts China, India, emerging Asia growth forecasts -- Reuters
IMF cuts growth outlook for Latin America on global weakness -- FOX News/Reuters
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