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IMF global forecast paints relatively upbeat picture amid pandemic uncertainty

  • Vaccines and policy support are expected to lift activity from Q2 after a softening in momentum in early 2021

  • Global growth projected at 5.5% in 2021, up 30bp compared to the previous forecast, largely led by Advanced Economies

  • But the recovery is uneven, with differentiation within EM, while poor countries have less policy space

IMF global forecast paints relatively upbeat picture amid pandemic uncertainty
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
27 January 2021
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