IMF cuts growth forecasts for 2019 and 2020

A truck moves a shipping container at Qingdao Port on January 14, 2019 in Qingdao, Shandong Province of China.

VCG | Getty Images

A truck moves a shipping container at Qingdao Port on January 14, 2019 in Qingdao, Shandong Province of China.

The International Monetary Fund (IMF) revised down its estimates for global growth on Monday, warning that the expansion seen in recent years is losing momentum.

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