Trade War Causes IMF to Cut Global Growth Forecast

The video discusses the IMF's latest global economic growth forecast, predicting a slowdown to 3% this year, the lowest since 2009. The IMF suggests ending trade wars and reducing geopolitical tensions to improve the outlook. Regional forecasts show varied growth rates, with the US, Euro area, UK, and China all experiencing different levels of economic change.

What is the revised global growth forecast for this year according to the IMF?

• 3%

• 3.2%

• 3.5%

• 3.4%

What does IMF's chief economist suggest to improve the global economic outlook?

• Increase government spending

• Focus on domestic markets

• End trade wars and reduce geopolitical tensions

• Increase trade tariffs

What is the growth forecast for the United States next year?

• 3%

• 2.4%

• 1.2%

• 2.1%

Which region is expected to have a growth rate of 1.2% this year?

• India

• China

• Euro area

• United States

What is the expected growth rate for China this year?

• 5.9%

• 6.1%

• 6.5%

• 6%