Our outlook for global economy is “sluggish”, David Lipton, Acting Managing Director of the International Monetary Fund (IMF), said on Tuesday. However, Lipton added that our basic scenario for global economy is not that it is slowing down or entering recession. So the need for true responses is felt.
He continued that China's growth to slow even more than previous and its main reason can be trade war with U.S.
U.S. economic data show low jobless rate but we didn’t see any rise in inflation.