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.
Read more at the ABC.
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.
