The Globe and Mail reports in its Wednesday edition that the International Monetary Fund said Tuesday that the U.S. economy is growing more slowly than expected, as inflation remains stubbornly high around the world. A New York Times dispatch to The Globe reports that these developments pose risks to the global economy. The IMF's World Economic Outlook report underscored the lingering vulnerabilities that could derail a so-called soft landing for the world economy -- one in which a global recession is avoided despite aggressive efforts by central banks to tame rapid inflation by making it more expensive to borrow money. The new report said the IMF still expected growth in global output to hold steady at 3.2 per cent in 2024. That would be unchanged from its April projections. The fund also expected growth to be slightly higher next year, at 3.3 per cent. The projections included several caveats and warned that the global economy was in a "sticky spot." Most notable were signs of weakness in the United States. The IMF now expects the U.S. economy to grow more slowly than it did previously as a result of weaker consumer spending and a softening job market. The IMF said, "The U.S. shows increasing signs of cooling."