I.M.F. Lowers Its Global Economic Growth Forecast

 I.M.F. Lowers Its Global Economic Growth Forecast

The global economic recovery is losing momentum as the resurgence of the coronavirus and widespread supply chain disruptions threaten to be a drag on a world economy that is trying to find its footing, the International Monetary Fund said on Tuesday.

Turbulence in rich countries has begun to weigh on the global outlook in recent months, the I.M.F. said in its latest World Economic Outlook report. The economic growth forecast for the United States was pared back to 6 percent, from the 7 percent growth projected in July, because of softening consumption and large declines in inventory caused by supply chain bottlenecks. In Germany, manufacturing output has taken a hit because key commodities are hard to find. And lockdown measures over the summer have dampened growth in Japan.

The I.M.F. lowered its 2021 global growth forecast to 5.9 percent, down from the 6 percent projected in July. The worsening of the public health crisis because of…

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