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World Economy Forecast to Slow in 2019 Amid Trade Tensions

The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. The IMF said Monday that it expects global growth this year of 3.5 percent, down from 3.7 percent in 2018 and from the 3.7 percent it had forecast for 2019 back in October. "After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising,'' said IMF Managing Director...

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