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WEO sees slower U.S. growth in 2019, but one....>

IMF
IMF: WEO sees slower U.S. growth in 2019, but one more hike still possible
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- 2019 U.S. growth revised down to +2.3% from +2.5% in Jan WEO, +2.9% in 2018.
- 2020 U.S. growth seen +1.9% in 2020, up from +1.8% estimate in Jan WEO
- IMF noted Fed patient stance; could hike once later-2019 on labor mkt, wages
- WEO update sees world output to slow to +3.3% from +3.6% in 2019, rebound to
+3.6% 2020
- Risks to the global outlook include a no-deal Brexit, continued trade
tensions, slower-than-expected U.S. growth
- Global inflation outlook is for stability near current levels
- Sees further slowdown in global trade in 2019

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