Category Archives: shrinking global economy

‘Mediocre and a Bit Worse’: IMF Trims Global Growth Forecast

IMF Trims Forecast for Global Economic Growth to 3.3 Percent The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe. The IMF said Tuesday the global economy will grow 3.3 percent this year, one-tenth of a point below Read More