US STOCKS-Wall St falls after IMF cuts growth outlook
* IMF lowers growth outlook for 2015 and 2016
* Oil lower on concerns of lower demand ahead
* FXCM plummets 90 percent, details loan agreement
* Indexes down: Dow 0.7 pct, S&P 0.5 pct, Nasdaq 0.5 pct (Updates to afternoon trading)
By Ryan Vlastelica
NEW YORK, Jan 20 (Reuters) - U.S. stocks fell on Tuesday after the International Monetary Fund lowered its growth forecasts for 2015 and 2016, though the move spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.
The lower forecasts implied less demand for fuel through 2016, contributing to another fall in crude oil, which pressured energy names despite some bullish results from major names.
The IMF projected growth of 3.5 percent this year and 3.7 percent next year, both forecasts are down by 0.3 percentage points. The IMF advised advanced economies to maintain accommodative monetary policies to avoid increases in real interest rates as cheaper oil increases deflation risk.
"This absolutely raises the odds that we'll see more central bank action. The upside to seeing less international growth is that it is now very unlikely the Federal Reserve will raise interest rates mid-year," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. Continuación...