The International Monetary Fund (IMF) report on Tuesday revealed that the global economic growth forecast fell from 3.2% in July to 3.0%. Market Risk.
The report said trade tensions between the United States and China could lead to a 0.8 percent decline in growth in 2020, while the US growth forecast fell from 2.6 percent to 2.4 percent, with 1.9 percent expected in 2020 after reaching Expectations to 2.1%. At the same time, growth forecasts in China fell from 6.2% to 6.1%, while forecasts showed growth in 2020 fell from 6.0% to 5.8%.
Growth forecasts for the euro zone fell from 1.3% to 1.2%, while the forecast for 2020 fell to 1.4% from 1.6%. Germany’s growth forecast fell significantly from 1.7% to 1.2%.