The dynamics of the global economy caused by the United States (US)-China trade war, as well as rising interest rates in developed countries, caused economic growth projections to fall, which then reduced aggregate demand and global prices.

The dynamics of the global economy caused by the United States (US)-China trade war, as well as rising interest rates in developed countries, caused economic growth projections to fall, which then reduced aggregate demand and global prices. The international institutions World Bank, International Monetary Fund (IMF), and Organization for Economic Co-operation and Development (OECD) have also lowered their projections for world economic growth in 2019. The World Bank lowered its projections from 3% to 2.9%, while the IMF lowered from 3.7% to 3.5%, and the OECD reduced it from 3.6% to 3.3%.

The dynamics of the global economy caused by the United States (US)-China trade war, as well as rising interest rates in developed countries, caused economic growth projections to fall, which then reduced aggregate demand and global prices. The international institutions World Bank, International Monetary Fund (IMF), and Organization for Economic Co-operation and Development (OECD) have also lowered their projections for world economic growth in 2019. The World Bank lowered its projections from 3% to 2.9%, while the IMF lowered from 3.7% to 3.5%, and the OECD reduced it from 3.6% to 3.3%. The dynamics of the global economy caused by the United States (US)-China trade war, as well as rising interest rates in developed countries, caused economic growth projections to fall, which then reduced aggregate demand and global prices. The international institutions World Bank, International Monetary Fund (IMF), and Organization for Economic Co-operation and Development (OECD) have also lowered their projections for world economic growth in 2019. The World Bank lowered its projections from 3% to 2.9%, while the IMF lowered from 3.7% to 3.5%, and the OECD reduced it from 3.6% to 3.3%.