IMF Raises Its 2018 Global Growth Forecast to 3.9%

The IMF has revised its global growth forecast upwards to 3.9% for 2018 and 2019, marking the fastest rate since 2011. The US is expected to grow at 2.7%, with the Eurozone, Japan, and China also seeing increases. The UK remains unchanged due to Brexit concerns. The IMF advises cautious monetary policy, noting potential market corrections due to high asset valuations. This positive revision marks a shift after years of downward forecasts, indicating synchronized global growth.

What is the expected world growth rate for the current year and 2019 according to the IMF?

• 3.5%

• 3.9%

• 3.7%

• 4.2%

Which country is expected to have the highest growth rate increase from the previous forecast?

• China

• Eurozone

• Japan

• United States

What might the Federal Reserve need to do due to the US's faster growth?

• Raise rates more quickly

• Maintain current rates

• Lower interest rates

• Decrease asset valuations

What potential risk does the IMF mention regarding high asset valuations?

• Increased inflation

• Medium-term correction

• Deflation

• Immediate market crash

How is the IMF's recent forecast revision described?

• A neutral adjustment

• An insignificant update

• A negative trend

• A refreshing change