IMF cuts growth forecasts for most economies
Japan and China are the only two to receive a more optimistic outlook from the IMF
The International Monetary Fund has singled out only two countries, Japan and China, that it expects will grow faster this year than forecast in the October World Economic Outlook. No other economy highlighted in the report received upward revisions in its growth forecast for 2019, with 70% receiving downward revisions.
In the World Economic Outlook published today (April 9), the fund forecasts Japan to grow by 1% this year, up from 0.9% forecast in October. China’s growth forecast has also
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