No-deal Brexit could help trigger further slowdown in global growth – IMF

A no-deal Brexit risks triggering a further slowdown in global growth as countries hunker down for a turbulent 2019 in the face of growing trade tensions, the IMF has warned.

In its latest World Economic Outlook, the organisation downgraded its global growth forecast for 2019 to 3.5% and 3.6% for 2020 – 0.2% and 0.1% respectively below its previous prediction.

The Washington DC-based fund maintained its 2018 estimate for global growth at 3.5%, but warned that weakness seen in the second half of last year will carry over in the…
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