Economics

IMF Plans to Raise Global Economic Growth Forecast, Lagarde Says

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The International Monetary Fund will raise its forecast for world growth, Managing Director Christine Lagarde said, underscoring confidence in the global recovery as the outlook for the U.S. improves.

“We will be revising upwards the global forecast for economic growth” in about three weeks, Lagarde told reporters yesterday in the Kenyan capital of Nairobi.