IMF Sees Growth Edging Higher but Still Warns of ‘Tepid Twenties’

(Bloomberg) — The International Monetary Fund hinted it would nudge its global growth forecasts slightly higher, while warning that the world economy still risks a “Tepid Twenties” this decade if inflation and debt challenges aren’t addressed.

Global growth will be “marginally stronger” in the IMF’s new predictions, to be published April 16, Managing Director Kristalina Georgieva said in a prepared speech for delivery Thursday in Washington. The most recent outlook, from January, envisaged an expansion of 3.1% this year and 3.2% in 2025.