The forecast, revised down by 0.1 percentage point for 20 relative to April, reflects a more subdued outlook for advanced economies following the June U.K. Read Full Summary Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. These developments have put further downward pressure on global interest rates, as monetary policy is now expected to remain accommodative for longer.
vote in favor of leaving the European Union (Brexit) and weaker-than-expected growth in the United States. Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017.
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