IMF Chair Christine Lagarde Cuts global growth forecast for 2019 to 3.5%

• IMF Chair Christine Lagarde cuts global growth forecast for 2019 to 3.5% from 3.7%.

 

• Speaking at the world economic forum in Davos, Switzerland, she said the move was due to the high level of economic risks that are accelerating around the globe

 

• These include the US/China trade war, Brexit and China’s slowing economy.

 

(Source: CNBC)