The IMF Just Took A Hatchet To Its Global Growth Forecast

The IMF downgraded its global growth forecast by 0.1%, according to its most recent report (via WSJ.com).

The report sees U.S. growth prospects downgraded in 2011 to 2.3% from a previous 2.9%.

Germany, however, saw a significant bump in its 2011 growth projections from 1.6% to 2.0%.

Here’s the IMF projection table:

IMF Table

Photo: IMF

Read the full IMF report here >

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