2. In 2017, the global economy recorded its best
performance in six years. Persistent fears of
"secular stagnation" were finally put to rest.
The stage is now set for sustained solid
growth in the world economy in 2018. Experts
expect global growth of 3.2%, matching
2017's growth rate, and well above 2016’s
2.5%.
Top 10 economic forecasts for 2018 are:
3. 1. The US economy will sustain above-trend growth.
2. Europe’s expansion will slow a little, but remain
solid.
3. Japan’s growth spurt will fade.
4. China’s momentum will weaken.
5. The performance of the emerging world will
improve gradually.
6. With the rally over, commodity prices will be range-
bound and volatile.
7. Upward pressures on inflation will remain muted.
8. The Fed will keep raising interest rates, and some
other central banks may follow.
9. The US dollar is likely to get nudged higher,
though volatility could also remain high.
10.The risk of a recession remains low, with global
growth momentum strengthening, and assuming
no policy mistakes or "black swans".