Daily: More cuts to global growth expectations

The IMF is out with its predictions for global growth in 2012 and 2013 and across the board the numbers are being reduced. In particular, the IMF sees growth slowing globally to 3.6% next year, which is a reduction from its July estimate of 3.9% And even these numbers are upside cases in that they assume positive outcomes to the fiscal cliff scenario in the US and the European debt crisis in the euro zone. Likely, one or both of these situations will trigger another growth forecast downgrade at ...


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