IMF downgrades US and UK growth

[blue-wave]

Source: BBC

The International Monetary Fund (IMF) has lowered its forecasts for US and UK economic growth this year, following "weaker-than-expected activity" in the first three months.

The IMF says it now expects the UK to grow by 1.7% this year, compared with the 2% it was previously forecasting.

The US will now grow 2.1%, as against the 2.3% it was predicting in April.

Read more: http://www.bbc.com/news/business-40697473

[marybourg]

1. The failing IMF. Sad.

Prediction for tonite's tweet.

[Igel]

6. Look at the IMF's accuracy.

The change in prediction is well within the MOE.

[DetlefK]

2. Fake News! Witchhunt!

[riversedge]

3. Whow. and #trumpbudget claims it would be 3% growth!!

[jpak]

4. But we have the best Taco Bowls!!!!111

Sad!

[Vinca]

5. Fake IMF. Fake. Fake. Fake.

[Xolodno]

7. Well....

On average, recessions do happen about every 11 years.