Global Finance Leaders Vow to Combat Weakest Economic Growth in 10 Years
The IMF says tariffs already imposed or threatened could shave 0.8% off global growth by the end of 2020.
The IMF says tariffs already imposed or threatened could shave 0.8% off global growth by the end of 2020.
The new forecast predicts global growth of 3% this year, sharply below the 3.6% growth of 2018.
Georgieva: "Even if growth picks up in 2020, the current rifts could lead to changes that last a generation."
The fund said it expects the U.S. economy to grow 2.6% in 2019, up from the 2.3% it forecast in ...
The economies of 23 countries are expected to slow down to about 1.5% in 2019.
Trade flows have been shaken by the Trump administration's efforts to force China to stop stealing technology.
The IMF does not forecast a recession in its updated economic outlook to be released next week.
Shareholders must vote on Musk's return as Tesla chairman; US: Continue sanctions until Russia exits Ukraine.
Stocks tanked Wednesday, plunging more than 3%, the worst day the markets have seen in eight months.
by Financial Markets Group | Oct 9, 2018 | Markets
The global economy will grow 3.7% this year, down from the 3.9% the IMF was forecasting in July.
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