IMF cuts US 2015 growth forecast to 2.5%

GMT 14:01 2015 Thursday ,04 June

Arab Today, arab today IMF cuts US 2015 growth forecast to 2.5%

International Monetary Fund (IMF)
Washington - Arab Today

The International Monetary Fund on Thursday cut its 2015 growth forecast for the United States sharply to 2.5 percent due to the unexpected first quarter contraction.

The IMF, though, said the economy is rebounding from the stall and will likely grow at a 3.0 percent rate in 2016.

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