
IMF More Optimistic, Gopinath Says Biden Plan Would Boost US
Good news! Albeit news that most folks won't be inclined to care much about.
The IMF adopted a more upbeat stance on the global economy in its latest outlook, saying the recession will likely be shallower than previously thought.
"Amid exceptional uncertainty, the global economy is projected to grow 5.5% in 2021 and 4.2% in 2022," the latest World Economic Outlook, released on Tuesday, said. "The 2021 forecast is revised up 0.3 percentage point relative to the previous forecast, reflecting exp