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Friday, 10 July 2015 - 13:10
IMF lowers 2015 global growth forecast to 3.3%
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The International Monetary Fund lowered its 2015 global economic growth forecast citing a likely "temporary setback" from the United States in the first months of the year.

The IMF also highlighted the risk of "financial stress" in Europe from the Greek debt crisis and China's slowdown, but left forecasts for the eurozone and the Asian giant unchanged.

The Washington-based institution projected the world economy would grow 3.3 per cent this year, less than the 3.5 per cent pace it had forecast in April and slightly slower than 2014.
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