The IMF has lowered its growth forecast for US GDP in 2019

© RIA Novosti / Gina Operate in fotoreceptorilor pointer on wall street in new York. Archival photo<img src="/wp-content/uploads/sites/5/2018/10/e8273eb2c082a6b35c7d955f7c82bb2b.jpg" alt="The IMF has lowered its growth forecast for US GDP in 2019″ />© RIA Novosti / Gina Operate the image Bank

The international monetary Fund (IMF) lowered its forecast for US GDP growth due to trade confrontation with China, said in a regular review of the world economy World Economic Outlook (WEO) for October.

The growth forecast for the US GDP in 2018 maintained at 2,9%, and in 2019 was reduced by 0.2 percentage points to 2.5%.

«Despite the current dynamics of demand, we have reduced our forecast growth in 2019 to the United States in connection with recently enacted duties on a wide range of imports from China and the response of China», — said the chief economist of the International monetary Fund Maurice Obstfeld, commenting on the forecast.

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