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The latest IMF global growth forecasts are set to be released on Tuesday

IMF forecasts rarely make it onto the economic calendar but they can be market movers, especially the forecast regarding global growth.The estimates are released quarterly, with the prior edition from April 11 and showing:2023 global GDP +2.8% vs 2.9% in January2024 GDP at +3.0%China 2023 GDP at 5.2% and 2024 at 4.5% (these are likely going lower)Eurozone GDP at +0.8%UK and German GDP contracting slightly this yearUS GDP growth at 1.6% vs 1.4% in JanuaryExpect the usual commentary on the need fo... Read More

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Posted: Jul 24 2023, 19:24

Author Name: forexlive

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