IMF outlook: The global economy may not be doing as badly as feared but it’s laden with major risks
But for now, a reckoning is still a way off. Global growth will quicken to 3.4% in 2027, the IMF projected last week, up from an estimated 3.1% this year—itself a slightly better outcome than previously anticipated. The US and China will again be the standouts: America will do a bit better than forecast and China will notch a 4% advance, unchanged from the prior forecast. France, the epicentre of a bond selloff in advanced economies, faces dimmer prospects.