IMF Says World Economy Is Stronger But Faces Threats
WASHINGTON (AP) -- The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warns.
The lending organization expects the global economy to grow 3.6 percent this year and 3.9 percent in 2015, up from 3 percent last year. Those figures are one-tenth of a percentage point below the IMF's previous forecasts in January.
The IMF, in its World Economic Outlook report, makes no changes to its forecasts for U.S. growth, which it estimates at 2.8 percent this year and 3 percent in 2015.
The 188-nation IMF and its sister organization, the World Bank, will hold their spring meetings in Washington this weekend.
Finance ministers and central bank governors from the Group of 20 leading economic powers will meet on Thursday.