WASHINGTON: The International Monetary Fund (IMF) raised its global growth forecast for the first time in nearly two years, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.
But the IMF warned richer nations were still growing below full capacity, and it added the spectre of deflation to its long list of risks that could derail the nascent recovery
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!