Global Growth

 The IMF estimates advanced economies will grow 2.5% in 2018 and 2.2% in 2019, up half a point each from their 10/17 report. US growth was boosted from 2.3% to 2.9% this year and 1.9% to 2.7% for 2019 due to powerful temporary fiscal stimulus. The IMF also noted that longer-term prospects for advanced economies are sobering given aging populations, weak productivity growth, high debt, possibly reduced trade and more.

Share This Post
Facebook Twitter Email

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.