IMF's Georgieva: Global annual growth expected at about 3% over next five years – by eren_fxstreet IMF Macroeconomics GDP
The global real Gross Domestic Product is forecast to expand at an annual rate of about 3% over the next five years, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. Georgieva noted that this projection is well below the historical average of 3.8%.
"Governments need to pursue fiscal tightening to create fiscal space and to help with fight against inflation," she added, per Reuters.These comments don't seem to be having a noticeable impact on risk sentiment. As of writing, the S&P 500 Index was up 0.2% on a daily basis.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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