IFM lowers global growth forecast on emerging market worries
Posted on October 7, 2015 at 2:55 pm GMTThe IMF has downgraded its growth outlook for the world economy with improved growth in advanced economies offset by weaker growth in developing economies. The forecast for world growth for 2015 has been revised down to 3.1% from 3.3% in July’s forecast. This is slower than 2014’s 3.4% but it is expected to pick up to 3.6% in 2016. Economic growth in emerging markets and in developing economies is forecast to slow to 4.0% in 2015, making it the 5th [..]