It also downgraded its forecasts for the U.S. economy and warned that it could be worse if the White House doesn't clinch a deal with lawmakers on the budget. Assuming a deal is thrashed out, the OECD has penciled in growth of 2 percent for the U.S. next year, down from a forecast of 2.6 percent in May.The OECD cautioned that growth outside the OECD â¿¿ which comprises 34 developed economies mostly in North America and Europe - would be slightly faster but crimped by Europe's troubles.
OECD: Europe Weighing On Global Economy
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