IMF draft cuts 2013 U.S. growth forecast: report

The International Monetary Fund (IMF) is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF’s next World Economic Outlook report. The U.S. economy, the world’s biggest, will expand 1.7 percent this…

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IMF draft cuts 2013 U.S. growth forecast: report