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09/10/2018

The International Monetary Fund reduces its global growth forecast.

Trade tensions between the US and its trading partners and Brexit are tarnishing global and European growth forecasts.

The International Monetary Fund reduces its global growth forecast.

The IMF has therefore announced a reduction in its global growth forecasts even if they remain high. In fact, it now forecasts growth of 3.7% for 2018 and 2019, while forecasting an initial growth of 3.9%.

 

The International Monetary Fund has also lowered its growth forecasts for the euro area for 2018. Brexit uncertainty, Italy-related tensions and the slowdown in European exports have impacted growth forecasts. These should therefore be around 2% this year instead of 2.2%.

 

As for the United States, growth will be good (2.4%) in 2018 thanks to tax cuts but it should decrease next year because of the trade war they are waging with China.

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