World Economy: Global Growth Rate Slows

Published: Oct. 18, 2019, 11:50 p.m.

New predictions about the world economy show that global growth will likely continue to slow down. The International Monetary Fund lowered its growth rate estimate to 3%, and said it could continue to decline next year if the trade war continues. But there could be good news on the trade dispute. President Trump announced a partial trade deal this last week. It hasn’t been written down or signed yet, and is reportedly very limited in scope.