U.S. Markets close in 4 hrs 28 mins
  • S&P 500

    4,390.89
    +3.73 (+0.09%)
     
  • Dow 30

    34,941.86
    +103.70 (+0.30%)
     
  • Nasdaq

    14,621.17
    -59.90 (-0.41%)
     
  • Russell 2000

    2,203.94
    -11.56 (-0.52%)
     
  • Crude Oil

    70.19
    -1.07 (-1.50%)
     
  • Gold

    1,813.90
    -8.30 (-0.46%)
     
  • Silver

    25.55
    -0.03 (-0.10%)
     
  • EUR/USD

    1.1861
    -0.0015 (-0.1305%)
     
  • 10-Yr Bond

    1.1690
    -0.0050 (-0.43%)
     
  • Vix

    19.58
    +0.12 (+0.62%)
     
  • GBP/USD

    1.3896
    +0.0013 (+0.0917%)
     
  • USD/JPY

    109.0710
    -0.2380 (-0.2177%)
     
  • BTC-USD

    38,094.12
    -1,678.04 (-4.22%)
     
  • CMC Crypto 200

    929.76
    -13.68 (-1.45%)
     
  • FTSE 100

    7,107.84
    +26.12 (+0.37%)
     
  • Nikkei 225

    27,641.83
    -139.19 (-0.50%)
     

IMF to keep 2021 global growth forecast at 6%-Georgieva

·1 min read

WASHINGTON, July 21 (Reuters) - The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same level as an April forecast, but with some countries growing faster and some more growing more slowly, IMF Managing Director Kristalina Georgieva said on Wednesday.

Georgieva, speaking at an online event sponsored by the Peterson Institute for International Economics, said that recovery will be held back unless the pace of COVID-19 vaccination picks up, adding that a goal of ending the pandemic by the end of 2022 will not be reached at the current pace. (Reporting by David Lawder Editing by Chizu Nomiyama)