IMF economic growth outlook revised downwards affected by China's economic slowdown

The IMF = International Monetary Fund has lowered its global economic growth outlook to 3.2%, 0.4 points lower than before.

It is said that the rapid monetary tightening in the United States, where record inflation continues, and the economic slowdown in China are affecting the world economy.

The IMF announced the latest outlook for the global economy on the 26th, lowering the global growth rate of this year by 0.4 points from the previous three months to 3.2%.

Of this, the growth rate of the United States, where record inflation continues, was 2.3%, down 1.4 points from the previous time.

This is because the Fed (Federal Reserve Board), which is the central bank of the United States, is tightening monetary policy at a rapid pace, which reflects the fact that the momentum of personal consumption has weakened significantly.

In addition, China's growth rate was reduced by 1.1 points to 3.3%.

It is said that the economic slowdown in China is affecting the world economy due to the fact that economic activity is greatly hindered by behavioral restrictions based on the zero corona policy and the crisis in the real estate market is becoming more serious.

In addition, the euro area was lowered by 0.2 points to 2.6% due to the impact of the interest rate hike of the European Central Bank for the first time in 11 years.

The IMF has warned of the outlook for the global economy that risks are increasing, including the sudden suspension of gas imports from Russia into Europe and the expansion of the crisis in China's real estate sector.