IMF raises 2021 US growth projection to 7 percent
The International Monetary Fund (IMF) raised its projection for U.S. growth in 2021 to seven percent amid recovery from the coronavirus pandemic.
1 day ago|Washington, United States
IMF raises U.S. 2021 growth forecast to 7%, assumes Biden spending plans pass
July 1, 2021By David LawderWASHINGTON (Reuters) -The International Monetary Fund raised its 2021 U.S. growth projection sharply to 7.0% due to a strong recovery from the COVID-19 pandemic and an assumption that much of President Joe Biden’s infrastructure and social spending plans will be enacted.The IMF’s latest forecast, marking the fastest U.S. growth pace since 1984, compares with an April projection of 4.6% growth in 2021. The Fund raised i…
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