U.S. has 'very narrow path' to avoid recession: IMF

The United States has only a slim chance of avoiding an economic downturn given the many risks it faces, the IMF said Tuesday.

"It's a very narrow path," IMF chief economist Pierre-Olivier Gourinchas said. "The current environment suggests that the likelihood that the U.S. economy can avoid a recession is actually quite narrow."

He warned that even a "small shock" could tip the U.S. economy into recession.

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