The fund cited expectations of a more protracted recession in Europe and a slowdown in key developing countries such as China and Brazil. The latest update of the IMF's World Economic Outlook now projects the world economy will grow at 3.1% this year.

WASHINGTON — The International Monetary Fund on Tuesday lowered its forecast for U.S. and global economic growth this year, citing the European recession and reduced demand worldwide. The world economy will grow 3.1% this year, the IMF said, down …

Audio for this story from All Things Considered will be available at approximately 7:00 p.m. ET. We examine how the exchange rate between the Euro and the U.S. dollar reflects the health of the global economy. Share. Facebook; Twitter. Google+. Email.

WASHINGTON: The International Monetary Fund on Tuesday cut its global economic growth forecast, citing new downside risks in key emerging-market economies and a deeper recession in the eurozone. The IMF projected the world's economy would grow …

World economic growth will struggle to accelerate this year as a U.S. expansion weakens, China's economy levels off and Europe's recession deepens, the International Monetary Fund said. Global growth will be 3.1 percent this year, unchanged from the …

Global economic growth will be lower than previously anticipated this year and in 2014 because of weaker consumer demand in emerging markets and a dragging recession in the euro zone, according to a report released Tuesday by the International …

Global growth is projected to remain subdued at slightly above 3 percent in 2013, the same as in 2012. This is less than forecast in the April 2013 World Economic Outlook (WEO), driven to a large extent by appreciably weaker domestic demand and slower …

The global economy is growing more slowly than expected, with risks to that growth increasing especially in emerging markets, says the IMF in an update to its World Economic Outlook (WEO). Global growth is now projected at 3.1 for 2013 and 3.8 percent …

The global economy can be difficult for the average person to understand. Money funnels towards and away different countries quickly, creating a delicate balance of economic power that can be knocked off its axis by a variety of factors. Nowadays, with …