IMF Warns of Global Stagnation as Growth Outlook Cut Again

  • Fund sees world GDP expanding 3.2% in 2016, 3.5% in 2017
  • `There is no longer much room for error,' chief economist says

IMF Cuts Global Growth Forecast to 3.2%

A prolonged period of slow growth has left the global economy more exposed to negative shocks and raised the risk that the world will slide into stagnation, the IMF warned.

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