IMF cuts U.S. 2014 growth forecast to 1.7 percent

The International Monetary Fund on Wednesday said it expects the U.S. economy to grow 1.7 percent in 2014, even more slowly than it predicted a month ago, as weakness in the first quarter offsets an expected pick-up in the second half of the year. The IMF, which in June forecast 2 percent growth…

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IMF cuts U.S. 2014 growth forecast to 1.7 percent