IMF set to cut growth forecasts if U.S. spending is cut | Yes, But, However!

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IMF set to cut growth forecasts if U.S. spending is cut

WASHINGTON (Reuters) – The International Monetary Fund said Thursday it will likely cut its growth forecasts for the United States and the global economy if automatic U.S. spending cuts take effect on Friday, and warned that the U.S.’s biggest trading partners would be hardest hit.

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Post Published: 28 February 2013
Found in section: Politics