The latest forecasts from the IMF (prior ones were in Jan)
- 2020 unchanged at 3.6%
- Says risks to the downside based on Brexit and US-China talks
- Says growth will stabilize in first half of 2019, sees gradual recovery afterwards
- Sees global trade volume up 3.4% vs 4.0% in Jan
- Cuts eurozone growth to 1.3% from 1.6%
- Cuts US to 2.3% from 2.5%
- Raises 2020 US forecast to 1.9% from 1.8%
- Raises 2019 China growth forecast to 6.3% from 6.2%