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IMF cuts global economy growth forecast; hits at strain in emerging markets

Nairametrics
The International Monetary Fund (IMF) cut its global growth forecast in its October 2108 World Economic Outlook (WEO). The IMF dropped its growth forecast by 0.2 percentage points on the back of increasing US-Sino trade escalations as Emerging Markets (EM) are struggling with tighter liquidity and capital outflows. Contrary to the Fund’s initial July WEO […]
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