Economics
IMF Trims Global Economic Outlook, But Tones Down Risk Warnings
- Output to expand 3.3%, picking up from 2019’s 2.9% pace
- U.S.-China deal lessens negative effect, doesn’t eradicate it
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The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid threats related to trade and tensions in the Middle East.