As expected, the IMF has cut its 2013 GDP growth outlook for the U.S. to 1.7% from 2%. The...

|By:, SA News Editor

As expected, the IMF has cut its 2013 GDP growth outlook for the U.S. to 1.7% from 2%. The dollar and euro are called moderately overvalued, and the yuan moderately undervalued. Thanks to Shinzo Abe's efforts, Japan's GDP is now expected to grow 1.5% in 2013, up from a prior 1.2%.