News Summary: IMF predicts slower economic growth Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 03:22 p.m., Monday, July 16, 2012 The International Monetary Fund lowered its growth forecasts for the global and U.S. economies for this year and 2013. Europe's financial crisis and a potential budget crisis in the United States could slow world growth even further, the international lending organization warned.