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The IMF thinks we may actually skirt a recession. It is also surprisingly upbeat about Russia's economy
1 month ago | By Business Insider
The International Monetary Fund has upgraded global growth in 2023. Thomson Reuters
The IMF expects the world economy to grow 2.9% in 2023 - which is better than its October forecast of 2.7%.
Growth is expected to be supported by strong labor markets and household consumption, and China's reopening.
The IMF also expects Russia's economy to grow 0.3% - a reversal from its contraction of 2.2% in 2022.
The world economy may actually not be as bad as it seems, the International Monetary Fund said Monday, as it upped its global growth forecast to 2.9% in 2023. While that's still slower than the...
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