IMF fractionally downgrades 2021 GDP, leaves 2022 unchanged

News

The latest World Economic Outlook

  • 2021 GDP seen at 5.9% from 6.0% in July
  • 2022 GDP remains at 4.9%
  • Cuts US forecast by 1 percentage point this year
  • China 2021 GDP cut to 8.0% from 8.1%
  • Risks tilted to the downside including emergence of new variants and more persistent supply-demand mismatches

The IMF highlighted there could be a downgrade recently.

More to come

Invest in yourself. See our forex education hub.

Articles You May Like

Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
EUR/USD Price Analysis: Renewed 20-day SMA rejection curbs bullish attempts
Sterling Slumps Further as UK Bond Yields Hit Multi-Decade Highs
US MBA mortgage applications w.e. 10 January +33.3% vs -3.7% prior
Gold Price Today: Yellow metal surges by Rs 800/10 gms in 2 days; silver rallies by Rs 2,600/kg

Leave a Reply

Your email address will not be published. Required fields are marked *