- IMF improves its global growth outlook to 6% in 2021, citing a much brighter picture for U.S. economy
Market news
6 April 2021
IMF improves its global growth outlook to 6% in 2021, citing a much brighter picture for U.S. economy
- Raises global growth outlook to 6% in 2021 from 5.5% in its January's forecast
- Raises its estimate for global growth to 4.4% in 2022
- Notes 2021 forecast would mark fastest global growth pace since 1976 led by strong U.S. rebound
- Raises U.S. 2021 growth outlook sharply from 5.1% to 6.4%, fastest pace since the early 1980s
- Forecasts U.S. to see 4.4% growth in 2022
- Most other economies also see a boost
- Says that growth depends on vaccine rollout
- Sees multi-speed recovery reflecting vaccine rollout differences, extent of fiscal support and structural factors
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