Rating agency Fitch cuts global growth forecast, sees RECESSION in UK & US close
European wholesale gas and electricity prices have risen nearly tenfold. Fitch now expects world GDP to grow by 2.4% in 2022 - revised down by 0.5 percentage point since the June estimate - and by just 1.7% in 2023, a cut of 1% point.
Sep 15, 2022, 09:49 AM IST
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.
Jun 05, 2017, 09:20 AM IST
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.
Oct 05, 2016, 15:51 PM IST
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.
Apr 12, 2016, 20:57 PM IST
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.
Apr 14, 2015, 19:12 PM IST
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.
Mar 16, 2015, 13:01 PM IST
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.
Jul 24, 2014, 21:04 PM IST
