Cyrrus (Cyrrus)
Macroeconomics  |  April 12, 2013 10:29:04

The IMF reportedly plans to reduce U.S. GDP growth outlook to 1.7%


According to Bloomberg, the International Monetary Fund is preparing to reduce its estimate of annual U.S. GDP growth of 2% to 1.7% this year. The main reason for reduction in the estimate are ongoing fiscal cuts in the United States. Furthermore, the Agency published an estimate of growth for the global economy, according to the IMF, which should be reduced from 3.5% y / y to 3.4% y / y. Estimate of euro area GDP will be revised and likely to remain so - 0.2% y / y. The biggest threat to the world economy, namely the eurozone disintegration and budget cuts in the U.S., according to the IMF in the last 6 months has successfully driven away. So far there is no official statement of the International Monetary Fund.Bloomberg won the working paper from the IMF last week, which should be published to 16 April.
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