Fund notes stronger-than-expected performance since Brexit vote but warns protectionism may hold back growthThe International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected.
In its half-yearly World Economic Outlook,the IMF said it now envisaged the British economy expanding by 2% in 2017 making it the second fastest-growing advanced economy after the US.. Related: IMF chief warns that euro stability is threatened by French election – trade live Related: Trump, trade, and interest and aid perform for a challenging IMF summit Continue reading...
Source: theguardian.com