America First, Inflation Shocks, Trade War Risks: IMF Highlights
- U.S. acts as key engine for solid global growth upswing
- Core inflation still low, but shock increase would hurt: IMF
IMF Says World Growth Is Poised to Slow
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Enjoy it while it lasts. That’s the overarching message of the IMF’s latest World Economic Outlook.
The world economy is growing at the fastest pace since 2011, and the International Monetary Fund expects that to continue this year and next, according to the latest global forecasts by the Washington-based fund. But it predicts growth will taper as the central banks tighten monetary policy and the benefits of U.S. tax cuts wear off.