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World Bank sees U.S. GDP growth accelerating to 2.2% in 2017

Published 01/11/2017, 05:48 AM

Investing.com - The World Bank Wednesday forecast U.S. economic growth to pick up to 2.2% this year from 1.6% in 2016.
The WB noted in its Global Economic Prospects report that U.S. economic policy is still being shaped.
However, it said U.S. fiscal or other stimulus policies could have a positive knock-on effect on global growth.
President-elect Donald Trump is due to hold a news conference later Wednesday.
The WB predicted global real GDP growth to accelerate to 2.7% this year from 2.3% in 2016.
Chinese growth seen slowing to 6.5% from 6.7%, Japan to slow to 0.9% from 1.0%.
Euro-zone GDP growth also seen slowing to 1.5% from 1.6% in 2016.

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