Economics
IMF Spots Trouble Ahead for the Global Economy After 2020
- Fund keeps forecast unchanged but warns world growth will slow
- ‘First shots’ fired in potential trade war, Obstfeld says
This article is for subscribers only.
The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years, but warned the seeds of its demise may have already been planted.
The fund on Tuesday left its forecasts for global growth this year and next at the 3.9 percent it estimated in January and raised its outlook for the U.S. as Republican tax cuts take effect.