Global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest, the International Monetary Fund says in its latest quarterly update to its World Economic Outlook.
The IMF raised its forecast for world expansion to 3.9% in 2018 and 2019, up 0.2% for both years from its projection in October. That would be the fastest rate of growth since 2011, when the world was bouncing back from the financial crisis.
It...
