IMF Raises Its 2018 Global Growth Forecast to 3.9% 

IMF Raises Its 2018 Global Growth Forecast to 3.9% 

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Business, Social Studies

University

Hard

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The IMF has revised its global growth forecast upwards to 3.9% for 2018 and 2019, marking the fastest rate since 2011. The US is expected to grow at 2.7%, with the Eurozone, Japan, and China also seeing increases. The UK remains unchanged due to Brexit concerns. The IMF advises cautious monetary policy, noting potential market corrections due to high asset valuations. This positive revision marks a shift after years of downward forecasts, indicating synchronized global growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the IMF suggest regarding monetary policy normalization?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend is noted regarding the IMF's forecasts over the past 10 years?

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