What’s Going On Here? The International Monetary Fund (IMF) trimmed its growth forecasts for the global economy, but it also softened previous risk warnings. What Does This Mean? The IMF now expects the world economy to grow 3.3% in 2020 and 3.4% in 2021, down from previous forecasts of 3.4% and 3.6%. Still, that’d represent a…
Tag: imf
Ep 15: Slow And Slower
What’s going on? The International Monetary Fund (IMF) cut its forecast for China’s economic growth The rest of the world is still waiting nervously… What does this mean? The world: The World Bank lowered its forecasts for global economic growth before that – citing the key reason is the ongoing trade war between the US and China. China comprises 1/3 of global growth, so a slowing Chinese economy reduces the…
with HT 