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Global Growth on the Rise, But with Wide Regional Variations

January 21, 2014

Washing windows of a building Washington, D.C. The WEO Update projects U.S. growth of 2.8 percent in 2014 (photo: Jewel Samad/Corbis)

Global growth is expected to increase this year, says the International Monetary Fund in its latest report on the health of the global economy. The IMF forecasts global growth to average 3.7 percent in 2014-up from 3 percent in 2013-and to rise to 3.9 percent in 2015.

Olivier Blanchard, IMF Chief Economist