Friday, June 17, 2011

IMF cuts U.S. growth forecast, warns of crisis

By Luciana Lopez

SAO PAULO |
Fri Jun 17, 2011 12:20pm EDT


SAO PAULO (Reuters) - The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits.

The IMF, in its regular assessment of global economic prospects, said bigger threats to growth had emerged since its previous

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