2015-10-07morningstar.com

The IMF cut its projections for global growth to 3.1% this year from its previous forecast of 3.3%. Souring emerging-market prospects also are muting next year's rebound: The IMF reduced its prediction for global growth in 2016 by the same amount to 3.6%.

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"Six years after the world economy emerged from its broadest and deepest postwar recession, a return to robust and synchronized global expansion remains elusive," Maurice Obstfeld, the IMF's new chief economist, said in the foreword to the fund's latest World Economic Outlook.



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