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The Slow Recovery Of Global Economy Can Not Escape.

2016/1/20 19:47:00 21

Global EconomyMarket RecoveryFinancial Market

In the latest global economic outlook report released on Tuesday, the International Monetary Fund (IMF) lowered its global economic growth forecast for the next two years. This is the third reduction in a year, highlighting the slow recovery of the global economy.

IMF announced in its report that the global economic growth rate in 2016 will be estimated to fall to 3.4% from the previous 3.6%, and the global economic growth rate in 2017 will be reduced from 3.8% to 3.6%.

IMF believes that the downside risks of the global economy include accelerated pace of China's slowdown, further appreciation of the US dollar and risk aversion.

For China, IMF maintains a 6.3% estimate of China's economic growth rate in 2016, but says China.

Import and export

The sharp slowdown has brought pressure on emerging markets and commodity exporters.

"Compared with six months ago, we thought

China

The fundamentals have not changed a lot, but the market is really frightened by some small difficult events in the locals, "said Obstfeld, an economist at IMF.

Speaking of the United States, IMF will the US economy in 2016.

growth rate

It is estimated that from 2.8% to 2.6%, "the acceleration of the US economic growth will be dim, because the strong dollar will suppress the manufacturing industry, and the oil price decline will inhibit energy investment.

IMF now expects us economic growth rates in 2016 and 2017 to be 2.6%, down 0.2 percentage points from the October estimates.

Obstfeld said that IMF encouraged some countries and regions, such as Japan and Europe, to implement expansionary monetary policy.

He said: "there is no doubt that countries with financial space should spend more on infrastructure."

At the same time, IMF will increase the euro area economic growth forecast from 1.6% to 1.7% in 2016, keep the growth expectation of Japan unchanged in 2016, reduce Russia's GDP growth rate in 2016 from -0.6% to -1.0%, and reduce the 2016 growth rate of Saudi Arabia from 2.2% to 1.2%.


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