IMF: Global Economic Prospects Improve But Recovery Is 'Bumpy' for Some
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The International Monetary Fund has cut its outlook for global economic growth, saying the recovery is likely to be uneven. The global lending organization predicts overall growth will average 3.3 percent this year - down from its earlier forecast of 3.5 percent. The revised outlook comes as member nations gather in Washington for the annual IMF-World Bank Meetings. Mil Arcega has more.