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Global growth forecast News

credit rating agency Fitch

15 Sep 2022

Rating agency Fitch cuts global growth forecast, sees RECESSION in UK close

European wholesale gas and electricity prices have risen nearly tenfold. Fitch expects the eurozone economy to contract by 0.1 per cent in 2023. Rating agency said the US Fed is now expected to take rates to 4 per cent by year-end.

05 Jun 2017

World Bank keeps 2017 global growth forecast at 2.7%

World Bank on Sunday maintained its forecast for global growth in 2017 and 2018 unchanged at 2.7 percent and 2.9 percent, respectively, as manufacturing and trade are picking up and confidence is improving.

05 Oct 2016

Brexit has little impact on Asia: World Bank

Britain`s shock decision to leave the European Union will not be as damaging to developing Asia`s economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year.

12 Apr 2016

Worried IMF cuts world growth forecast to 3.2%, warns over Brexit

The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible "severe" damage should Britain quit the European Union.

International Monetary Fund

14 Apr 2015

IMF forecasts for global growth

The International Monetary Fund sees global growth at a tepid 3.5 percent this year, unchanged from its January forecast, but expects a greater contribution from the rebounding economies of Europe and Japan while emerging market economies sag.

16 Mar 2015

India a bright spot on cloudy global horizon: Christine Lagarde

She reiterate global growth forecast of 3.5 percent in 2015 and 3.7 percent in 2016. She also said that asynchronous policy shifts may lead to excessive volatility.

24 Jul 2014

IMF lowers 2014 global growth forecast to 3.4%

The IMF projected global growth of 3.4 percent for this year, down from its April estimate of 3.7 percent.

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