The International Monetary Fund again reduced its global economic growth forecast for 2019 on Tuesday, citing risks like increasing trade tensions and tighter monetary policy by the Federal Reserve.

The fund said it expects the world economy to grow by 3.3% this year. That’s down 0.4 percentage points from its previous outlook of 3.5%, which was also a downgrade. The IMF added it expects the economy to expand by 3.6% in 2020, however.

MANDEL NGAN/AFP/Getty Images

The IMF’s report comes as the Congress struggles to pass the United States-Mexico-Canada Agreement (USMCA), a trade deal signed by President Donald Trump and his Mexican and Canadian counterparts at the time, which would replace the existing North Atlantic Free Trade Agreement (NAFTA). Meanwhile, the Trump administration tries to hammer out another trade deal with China.

Read more


Alex Jones breaks down how the globalists are attempting to collapse civilization within the next six months by intensifying their migrant-fueled destabilization of the West.

The Emergency Election Sale is now live! Get 30% to 60% off our most popular products today!


Related Articles