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IMF keeps global forecasts steady, sees growth bump fading quickly

Reuters  |  WASHINGTON 

By David LawderWASHINGTON (Reuters) - Global growth will keep a steady pace this year and next, buoyed by stronger trade and U.S. fiscal stimulus that will fade by the early 2020s, while increased tariffs could damage market confidence and output, the International Monetary Fund said on Tuesday.The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global growth forecasts unchanged at 3.9 percent for both years after upgrades in January.The projections were released as thousands of global finance officials were gathering in Washington for the IMF and World Bank spring meetings ...

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First Published: Tue, April 17 2018. 18:32 IST
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