The IMF Downgraded US Growth To 2.6 Per Cent

The International Monetary Fund has said the United States is running too large a fiscal deficit and has a growing debt burden, warning of the dangers of its increasingly aggressive trade policies. On the same day, the IMF lowered its forecast for U.S. real GDP growth in 2024 to 2.6 percent from 2.7 percent in April, arguing that the United States' debt risks and its trade policies will not only drag down its own economic development, but also pose risks to the global economy.