IMF says the outlook for the global economy ‘remains sluggish’ as it cuts growth forecasts

Listen News Here 2020-01-20

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The Washington-based institution forecast in October a global growth rate of 3% for 2019 and of 3.4% for 2020.
The IMF has now revised down those forecasts to 2.9% and 3.3%, respectively.
The IMF is cautious about the state of the global economy going forward, in particular about further trade tensions.

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