Senior IMF official: Trade tensions already affecting confidence and investments globally

Haresh Menghani FXStreet

A senior IMF official was out on the wires in the last hour, saying that global economic growth was a bit slower than forecast in October.

Additional quotes:

• Trade tensions already affecting confidence and investments globally, particularly in Asia.
• China is still focused on deleveraging but isn't resorting to big-scale stimulus.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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