The International Monetary Fund presented a rosier outlook for the U.S. economy this year and next but said financial-sector troubles and accelerating inflation continue to challenge policy makers.

In its annual review of the U.S. economy, measuring growth on an average basis for 2008 as a whole, the IMF raised its growth forecast Friday to 1.1%. It increased its 2009 estimate to 0.8%.

Source: Wall Street Journal

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