For 2020, the IMF forecasts a boost to global growth again to 3.6 per cent.
clearly in the eurozone, according to IMF economists. For the eurozone, the IMF forecasts a growth of 1.3 per cent this year and 1.5 per cent by 2020. It can be compared with 1.6 and 1.7 per cent respectively in the januariprognosen.
IN the united states lowered the growth forecast for this year by 0.2 percentage points to 2.3 per cent, while the forecast for 2020 raised by 0.1 percentage points to 1.9 per cent.
the consumer price index is generally below targets in advanced economies, and wage pressure is relatively moderate. Monetary policy should thus remain supportive in these economies until inflation shows clear signs that rise against the central banks ‘ targets, writes the IMF in its spring forecast, the World Economic Outlook.
the focus on counter-cyclical demand management section should fiscal policy, according to the IMF, focusing on measures to strengthen potential growth and to increasing the participation, at the same time that public finances are kept on a sustainable path.
