Sees US growth lifting to 2.7% against 2.5% in its January estimate
- Then sees a slowing in 2019 and 2020, 2.5% and 2.0% respectively
Non-US:
- Global growth forecast 3.1% this year followed by 3% and 2.9% in 2019 and 2020
- Says risks to global economy tilted to downside
- Says trade protectionism posing significant risk
- Urges trade openness as protectionism risks rise
- Cuts Japan's 2018 growth est. to 1% vs 1.3% in January
- Global growth to moderate next two years
- Leaves euro-area growth estimate at 2.1% for 2018
- Cuts Russia 2018 growth est. to 1.5% vs 1.7% in January
- Leaves 2018 global economic growth estimate at 3.1%
- China's GDP to grow 6.5% this year vs 6.4% in January
Dunno how useful their forecasts are but if they are on track the slowing in growth will be a negative input for 'risk' … not until 2019 and 2020 though, plenty of party time before then.
