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Christine Lagarde
IMF sees modest, uneven growth in global economy
IMF sees modest, uneven growth in global economy

Global economic growth is likely to remain modest and highly uneven, and the longer-term prospects are even more sobering, according to the International Monetary Fund. The IMF, in its latest outlook released Tuesday ahead of its spring meeting in Washington later this week, sees the U.S. economy expanding at a robust 3.1% this year, up from 2.4% last year. That's less optimistic than the IMF's forecast in January, which predicted U.S. growth at 3.6% this year; the downgrade reflects the weak first quarter and strong dollar that is weighing on American exports. The U.S. is still expected to be the main locomotive for the world economy, which is projected to grow 3.5% this...

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