Economy
3:45 am
Mon July 8, 2013

IMF Warns Of Global Slowdown

Originally published on Mon July 8, 2013 4:20 am

International Monetary Fund chief Christine Lagarde on Sunday singled out the U.S. Congress for failing to avert across-the-board spending cuts that slow down potential for growth. She called U.S. deficit reduction in 2013 excessively rapid and ill-designed.