International Monetary Fund releases quarterly update of global economic outlook
The International Monetary Fund will release its quarterly update to the global economic outlook today. Among the items to be addressed will be concern about rising inflation and central banks removing economic stimuli.
In 2017, the world experienced increased growth among most G20 nations, with only the UK and Brazil experiencing slower growth. The IMF remains optimistic and is expected to foreshadow faster growth across all regions in today’s report.
Many economists expect growth to continue into 2018 but question its sustainability given geopolitical tensions and the extent that income inequality and meagre productivity remain entrenched globally.
While IMF officials remain tight-lipped about their report’s content ahead of the World Economic Forum, which begins on Tuesday, Communications Director Gerry Rice has reiterated the importance of Christine Lagarde’s ‘fix the roof while the sun is shining’ message.
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