Global growth shows resilience to political uncertainty

"Near-term outlook for growth in advanced countries has improved despite persistent political uncertainties"

In eurozone re-emergence of concerns about fragmentation of currency-bloc could result in tighter credit conditions, significantly reduced growth

"Bank of japan has held short-term interest rates steady at -0.1% and we no longer expect further cuts into more negative territory"

Now expects US Fed to raise rates three times this year and by a total of seven times over 2017 and 2018