IMF warns that global growth outlook will worsen considerably if trade tensions remain unresolved.
Global economy is declining, there is a dispute among the Fed governors and even greater dispute among the ECB officials. The IMF has lowered its world economic outlook projections for 2019 GDP growth to 3%. In 2017, the global GDP rate was at 3.8%. According to the organization, the main reasons for a sharp backdrop are the economic difficulties caused by the U.S.-China tariffs that press down production and investments all over the world. Amid the current global economic outlook, there is no room for policy…
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