Money

IMF downgrades outlook for US economy

Written by Teunis Felter

The International Monetary Fund is downgrading its forecast for the U.S. economy this year and says America should raise the minimum wage to help the poor and offer paid maternity leave to encourage more women to work. In its annual checkup of the U.S. economy, the IMF predicts 2.2 percent growth this year, down from 2.4 per cent in 2015, and lower than the 2.4 per cent growth it forecast in April for this year.

http://www.cnbc.com/2016/06/22/imf-downgrades-outlook-for-us-economy.html

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.