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IMF Is ‘Optimistic’ on the Global Economy

  • Sees world growth accelerating to 3.7% pace this year
  • Fund will update its economic projections later this month

The International Monetary Fund is “optimistic” about the global economy as it readies a new set of forecasts to be published later this month, Chief Economist Maurice Obstfeld said.

“We’ve mostly seen positive surprises -- in China and most of the advanced economies, including Europe,” Obstfeld told journalists in Paris.