IMF revises up U.S. growth forecast to 2.7 percent in 2018 and 2.5 percent in 2019

Market news

22 January 2018

IMF revises up U.S. growth forecast to 2.7 percent in 2018 and 2.5 percent in 2019

Revises up growth forecasts for euro area, including Germany, Italy, cuts forecast for Spain
Maintains growth forecast for emerging markets and developing countries
Sees U.S. growth slowing from 2022 as impact from tax package starts to wane
Revision to its outlook reflects global growth momentum, expected impact of U.S. tax cuts

Before the bell: S&P futures -0.05%, NASDAQ futures -0.03%

Canadian wholesale sales rose 0.7% to $63.6 billion in November, a second consecutive increase

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