(Reuters) - Bond fund giant Pacific Investment Management Co (Pimco) lowered its forecast for global real gross domestic product growth in 2016 by a quarter-point to a range of 2 percent to 2.5 percent, Pimco said on Wednesday.
"Actual global GDP growth was 2.8 percent in 2014 and 2.6 percent last year; our forecast sees the slowdown continuing," Pimco said in a report.