IMF cuts forecast for global growth as trade war takes its toll
The IMF downgrades its global growth forecast for 2018 and 2019. This marks the first downgrade since July 2016.
BY ANDREW MAYEDA, BLOOMBERG
The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets.
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