Summer holiday reading for our 'fermeture annuelle'
The IMF released its update to the April World Economic Outlook last week. Here are some edited highlights: Global growth is forecast at 3.2 percent in 2019, picking up to 3.5 percent in 2020 (0.1 percentage point lower than in the April WEO projections for both years). Investment and demand for consumer durables have been subdued across advanced and emerging market economies as firms and households continue to hold back on long-range spending. Accordingly, global trade, whic