IMF: UK economy expected to avoid a recession and maintain positive growth in 2023

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IMF: UK economy expected to avoid a recession and maintain positive growth in 2023

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    The International Monetary Fund (IMF) is out with its latest outlook on the UK economy, projecting a slowdown in growth for this year.

    Despite the IMF’s positive outlook on the British economy, GBP/USD is extending losses below 1.2400. The pair is losing 0.32% on the day to trade at 1.2395, as of writing.

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