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Brexit just forced the IMF to cut its growth forecast for Britain's economy for the second time in 3 months

The International Monetary Fund has slashed its growth forecast for the United Kingdom for the second time in less than three months, and as might be expected, Brexit is to blame. In its latest World Economic Outlook, the IMF shaved off 0.2 percentage points from its previous economic forecast for the UK, estimating growth of just 1.1% in 2017. That compares to the forecast of 1.
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