The IMF, in its regular assessment of global economic prospects, said bigger threats to growth had emerged since its previous report in April, citing the euro zone debt crisis and signs of overheating in emerging market economies.
The Washington-based global lender forecast that U.S. gross domestic product would grow a tepid 2.5% this year and 2.7% in 2012. In its forecast just two months ago, it had expected 2.8% and 2.9% growth, respectively.
The IMF, in its regular assessment of global economic prospects, said bigger threats to growth had emerged since its previous report in April, citing the euro zone debt crisis and signs of overheating in emerging market economies.
The Washington-based global lender forecast that U.S. gross domestic product would grow a tepid 2.5% this year and 2.7% in 2012. In its forecast just two months ago, it had expected 2.8% and 2.9% growth, respectively.
