IMF raises 2021 US growth projection to 7 percent

IMF projects US economy to grow 7% due to robust vaccinations, but warns of inflation

An annual report released Thursday by the International Monetary Fund projects that the U.S. economy will grow roughly 7% this year as federal stimulus programs fuel consumer spending — but that growth raises the risk of inflation. The report also urges the U.S. to help other countries cope with the pandemic. Kristalina Georgieva, managing director of the IMF, joins Judy Woodruff to discuss.

IMF raises U.S. 2021 growth forecast to 7%, assumes Biden spending plans pass

WASHINGTON, July 1 (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 its 2022 U.S. GDP g…

IMF raises 2021 US growth projection to 7 percent

IMF SAYS IT RAISES U.S. 2021 GDP GROWTH PROJECTION TO 7.0% FROM 6.4% IN APRIL DUE TO UNPRECEDENTED FISCAL, MONETARY SUPPORT

IMF SAYS IT RAISES U.S. 2021 GDP GROWTH PROJECTION TO 7.0% FROM 6.4% IN APRIL DUE TO UNPRECEDENTED FISCAL, MONETARY SUPPORT ...

IMF raises 2021 US growth projection to 7 percent

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IMF sees much stronger US growth, 2021 GDP +7.0%

IMF sees much stronger US growth, 2021 GDP +7.0%