The new outlook puts U.S. economic growth at 2.3 percent this year and 2.5 percent in 2018. During the campaign, Trump said his economic policies of tax cuts, regulatory reform and boosts in infrastructure spending would lift U.S. growth to annual rates of 4 percent. Advertisement Continue reading the main storyFor the overall global economy, the IMF left its projections unchanged growth of 3.4 percent for this year and 3.6 percent for 2018, both up from 3.1 percent growth in 2016, a year when global growth slowed to its weakest performance since the 2008-2009 financial crisis. While Trump's election victory boosted economic prospects in the United States, the impact has been uneven for the rest of the world. Advertisement Continue reading the main storyObstfeld said that among the risks facing the global economy at the moment were "higher popular antipathy toward trade, immigration and multilateral engagement" among voters in the U.S. and Europe.

Source: New York Times January 16, 2017 14:07 UTC