“The global economy is likely to rebound in 2020…”
January 22, 2020
“Global growth is expected to hit 3.3 percent this year, the IMF predicted. That is up from 2.9 percent last year, which was the worst year for the world economy since the Great Recession.
The more upbeat forecast for 2020 is largely due to President Trump’s trade war easing with China and the stimulus from 49 central banks, including the Federal Reserve, that lowered interest rates in recent months. IMF Managing Director Kristalina Georgieva called the initial U.S.-China trade deal “good news.”…”