24 Apr 2017

showCASE 25: Policymakers may find it difficult to hang their hat on expected global economic growth


After more than half a decade of downbeat expectations, the International Monetary Fund (IMF) finally predicts a rosier outcome for the global economy in 2017. In their most recent flagship report on the global economy, the World Economic Outlook (WEO), the IMF marginally upgraded their forecasts for global economic growth to 3.5 per cent for 2017 (0.1 p.p. over their January forecasts and 0.4 p.p. higher than overall growth in 2016).  Read more