Moody’s Cuts 2016 U.S. Growth Forecast, Cites Weak Global Demand

  • Says Fed seen raising rates ‘at most’ twice this year
  • China poses greatest risk, with potential to roil markets

Moody's Cuts 2016 U.S. Growth Forecast

Moody’s Investors Service lowered its growth forecast for the U.S. economy this year to 2 percent from 2.3 percent to account for a weak first quarter, while anticipating underlying resilience through 2017.

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