The International Monetary Fund (IMF) reported this morning that global economic growth continues, but at a sluggish pace that leaves the world economy exposed to risks. The IMF shaved its global growth forecast for 2016 to 3.2% from 3.4% originally forecasted. A spokesperson said, "Persistent slow growth has scarring effects that themselves reduce potential output and with it, demand and investment.” In the United States, expected growth this year is flat at 2.4%, with a modest uptick in 2017, said the IMF. Small business optimism edged lower in March amid worries about sales and profits, yet another signal that economic growth in … (2 comments)
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