World Growth: World and Interest Rates

world growth: The IMF cut its estimate for global growth this year to 3.5 percent, from the 3.7 percent it had predicted in October and down from 2018's 3.7 percent, according to The Japan Times. The fund cited heightened trade tensions and rising interest rates. ; After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising, IMF Managing Director Christine Lagarde said as she presented the forecasts at the World Economic Forum in Davos, Switzerland. And China, the world's second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF is not alone in its pessimism. Among the key concerns is the Chinese economy. The World Bank, the OECD and other forecasters have also downgraded their world growth estimates. (news.financializer.com). As reported in the news.