In a report out Monday, the IMF kept its expectation for worldwide economic growth at 3.5 percent this year
In this Tuesday, June 27, 2017, file photo, Chinese workers on a suspended platform prepare to clean window of a newly opened shopping mall against the China's state broadcaster China Central Television (CCTV) headquarters and construction buildings at the Central Business District in Beijing. photo: AP/Andy Wong, photo: AP/Andy Wong
24 of July 2017 14:39:14
WASHINGTON – The International Monetary Fund upgraded the economic outlook for Europe, Japan and China this year. But the fund left its forecast for global growth unchanged from an April forecast, partly because the United States is unlikely to get much help from tax cuts and higher spending.In a report out Monday, the IMF kept its expectation for worldwide economic growth at 3.5 percent this year. But it now forecasts 1.9 percent growth for the 19 countries that use the euro currency (up from 1.7 percent in April). The fund expects Japan to grow 1.3 percent (up from the previously expected 1.2 percent) and China to expand 6.7 percent (versus 6.6 percent).