IMF lowers outlook for US economy while warning of slower disinflation
The International Monetary Fund (IMF) lowered its 2024 outlook for the U.S. economy by 0.1 percentage points Tuesday for expected annual growth of 2.6 percent.
It held its global outlook steady at 3.2 percent growth for the year while boosting its 2025 expectations to 3.3 percent from 3.2 percent, as predicted in April.
The international lender also kept its 2025 projection for the U.S. economy steady at 1.9 percent, saying it expects employment conditions to weaken next year...
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