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News 2026-10-13 02:21 UTC

IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

IMF projects regional growth at 2.3% this year and 2.5% in 2027 Argentina gets deepest regional cut as IMF lowers 2026 growth forecast to 2.1% Brazil seen slowing under tight policy, fading fiscal support and global uncertainty IMF warns volatility could raise borrowing costs, weaken currencies and tighten local financ