The state of the US economy has partially been affected by the country’s “unsustainable fiscal practices”, the International Monetary Fund (IMF) has warned. The IMF criticised policymakers and suggested that “something will have to give” after claiming America’s fiscal practices created risks for the global economy. The agency wrote in its latest World Economic Outlook: “The exceptional recent performance of the United States is certainly impressive and a major driver of global growth. “But it reflects strong demand factors as well, including a fiscal stance that is out of line with long-term …
