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IMF Warns about Trade Conflict, Rising Debt, and Inflation

Annie Gilroy
IMF Warns about Trade Conflict, Rising Debt, and Inflation

The International Monetary Fund (or IMF) issued an update to its world economic outlook on the eve of IMF and World Bank meetings in Washington this week. The IMF warned that a major trade rift between the US and China could threaten global economic growth, which otherwise should rise solidly this year. The agency still maintained its forecast of 3.9% for global economic growth, which would be the fastest rate of growth since 2011.