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IMF predicts synchronised slowdown in global growth, warns rate cuts are not enough to stop it

Australia has been caught up in a sharp downturn being forecast for the global economy as headwinds from the US-China trade war and Brexit tensions bite into growth.

IMF predicts synchronised slowdown in global growth, warns rate cuts are not enough to stop it
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  • Shared by the ABC
  • October 16, 2019
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The International Monetary Fund is predicting a "synchronised slowdown" with global growth in 2019 downgraded once again to 3 per cent — noting a "serious climbdown" from 3.8 percent in 2017.

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