IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade Tensions

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IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade Tensions
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The slowdown in the global economy and downgrade in the IMF forecast reflect the ongoing fallout from trade tensions

A sharp deceleration of global trade driven by ongoing trade tensions is slowing the global economy more than earlier projections, according to the latest forecasts of the International Monetary Fund.

Real global economic growth will slow to 3.2% this year, 0.1 percentage point slower than forecast in April, and down from 3.6% last year and...

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