IMF trims U.S. economic outlook

[link to money.cnn.com]

The International Monetary Fund on Friday lowered its forecast for U.S. economic growth, and warned that risks to the global recovery have increased.

In the latest update to its World Economic Outlook, the IMF said it expects the U.S. economy to expand at an annual rate of 2.5% this year and 2.7% in 2012. That's down from projected growth rates in April of 2.8% and 2.9%.