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IMF’s Lipton Sees Sharper World Slowdown as Trade Tensions Flare

  • The fund in July cut its 2019 global growth estimate to 3.2%
  • Central bank support has helped offset global growth slowdown
David Lipton
David LiptonPhotographer: Christophe Morin/Bloomberg

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The International Monetary Fund expects a more significant global slowdown than it did three months ago, said First Deputy Managing Director David Lipton, adding it’s difficult to see an economic recovery if the trade uncertainty continues.