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IMF Assumes a Modest U.S. Boost From Trump Stimulus for Now

  • Fund keeps global forecast for 2017 at 3.4 percent in report
  • Advanced economies picking up while emerging markets lag
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IMF Maintains Global Growth Forecast

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The International Monetary Fund is taking a cautious stance toward the policies of U.S. President-elect Donald Trump, who takes office this week, assuming a modest boost to the U.S. economy from his promise of fiscal stimulus.

The IMF maintained its forecast for global growth in 2017 of 3.4 percent, the Washington-based organization said Monday in a quarterly update to its World Economic Outlook. Expansion for 2018 is forecast at 3.6 percent, also unchanged from the fund’s previous forecast in October.