Budless Spring

Rebound in world economic growth still expected in 2017  But constraints on potential growth and rising risks in emerging countries The IMF published this week updated economic forecasts. 2016 world growth would remain the same as in 2015 (3.2%) and accelerate only slightly in 2017 (3.5%). Regardless of what has been said in the media, the IMF is not especially alarming, with the exception of Japan. The underlying assumptions are about resilience: the US economy would not decelerate
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