WASHINGTON (Reuters) -The U.S. economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund said on Thursday.
IMF spokeswoman Julie Kozack said inflation was on a path to meet the Federal Reserve’s 2% target, but there were some risks that could push it higher, largely as a result of tariffs imposed on imports by the Trump administration.
She said a downward revision in U.S. employment data announced earlier this week was a “bit larger” than the historical average. IMF staff would review the data and revisions with U.S. authorities during the scheduled review of the economy in November.
(Reporting by Andrea Shalal, Editing by Franklin Paul)