IMF Says Global Economy Has Lost Momentum; WTO Slashes Growth Forecast

The transcript discusses the IMF's likely cut in global growth forecasts, with Christine Lagarde highlighting a precarious global economic position. Despite no immediate recession, growth is expected to pick up later in 2019 and into 2020. The WTO also forecasts a slowdown in trade growth due to rising tensions and tariffs. In China, signs of economic stabilization are noted, but concerns about asset bubbles and inflation persist. The transcript emphasizes the need for resolving trade tensions and monitoring economic indicators.

What is the IMF's expectation for global growth in the near term?

• A significant economic boom is anticipated.

• Global growth will remain stable.

• Growth will pick up in the second half of 2019 and into 2020.

• A recession is expected soon.

What is the main reason for the WTO's reduced growth outlook?

• Technological disruptions in trade.

• Rising commercial tensions and tariffs.

• Decreased consumer spending.

• Natural disasters affecting trade routes.

What is the WTO's projected world merchandise trade growth for 2019?

• 3.0%

• 2.0%

• 2.6%

• 3.5%

What is a concern related to China's economic stabilization efforts?

• Decreasing foreign investments.

• Rising asset bubbles and inflation.

• Lack of technological advancement.

• Decline in export volumes.

What is the expected rise in China's producer price index for 2019?

• 0.3%

• 2.0%

• 0.8%

• 1.5%