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IMF Slightly Raises Prediction for US Economic Growth

The International Monetary Fund slightly raised its forecast for U.S. economic growth this year and in 2018, reflecting a pledge by the new Trump Administration to increase spending on the military and infrastructure. The IMF predicts the U.S. economy will expand 2.3 percent this year and a little faster next year. During the campaign, President-elect Donald Trump said his plans to boost spending, slash taxes and cut regulation would raise growth to four percent. Monday's IMF...

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