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IMF Cuts Global Economic Growth Forecast

The International Monetary Fund trimmed its 2015 global economic forecast Thursday, saying the main culprit was weaker growth in the United States, the world's largest economy. The IMF is predicting 3.3 percent growth across the world this year, down from its 3.5 percent prediction in April. With foul winter weather in early 2015, the American economy contracted two-tenths of a percentage point in the first quarter, and the IMF has cut its U.S. growth forecast for the year to 2.5...

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