IMF ups global growth forecast on U.S. resilience, China policy support
Written by Black Hot Fire Network on January 30, 2024
Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024.Â
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The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China.
It now sees global growth in 2024 at 3.1%, up 0.2 percentage points from its prior October projection, followed by 3.2% expansion in 2025.
Large emerging market economies including Brazil, India and Russia . . .
