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IMF: The U.S. GDP growth rate in the fourth quarter will slow down due to the government "shutdown."
Golden Finance reports that a spokesperson for the International Monetary Fund (IMF) stated that the IMF has noticed signs of weakness in the U.S. economy. Due to some impact from the government “shutdown,” the U.S. GDP growth rate for the fourth quarter is expected to be lower than the previously predicted 1.9% by the IMF. However, due to the data scarcity caused by the “shutdown,” the IMF's ability to assess the performance of the U.S. economy is affected.