IMF Lowers Global Growth Forecasts for 2018 and 2019


The International Monetary Fund lowered its forecasts for global economic growth this year and next, citing rising trade protectionism and instability in emerging markets.

The IMF said the global economy will expand 3.7% this year, down from its April estimate of 3.9%.

Risks about which the Fund had warned this year—“such as rising trade…

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