IMF Cuts World's Growth Forecast For 2023 | India Tonight | ET Now | English News | Latest Updates

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The International Monetary Fund has raised alarm bells for the global economy. The IMF has cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July...The international body says that it sees a 25% probability that growth will slow to less than 2%. The IMF has highlighted that efforts to manage the highest inflation in decades may add to the damage from the war in Ukraine and China's slowdown. The international body has also cut India's GDP growth forecast for the next year by 60 basis points to 6.8%. On India Tonight, ET Now's Vikram Oza dives into the report as we are joined by Peter Cardillo, Chief Market Economist, Spartan Capital Securities LLC, and Mythili Bhusnurmath, Consulting Editor, ET NOW...tune in!
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