The global economic growth is likely to be slightly above 3 percent this year in the face of geopolitical risks, International Monetary Fund Chief Christine Lagarde said in an interview with the French daily Les Echos. The growth is likely to be between 3 and 3.5 percent, she said. Growth is uneven as some countries started growing faster than others. The IMF is set to release its next World Economic Outlook in October. Earlier ...
The recent record highs for US stock markets could be tested in the days and weeks ahead as earnings season gets under way and investors get the latest read on when the US Federal Reserve might start to raise interest rates back up to normal levels. Further, investors were thrown a curve ball by International Monetary Fund managing director Christine Lagarde on Sunday, July 5, when she hinted that the IMF may slightly lower its global growth forecasts some time this month due to subdued ...
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