IMF’s updated growth forecasts likely to be a mixed bag

Next week attention will turn to Washington DC, where the IMF and World Bank spring meetings take place. The mood is likely to be guided by the IMF's updated macro projections as it releases its new World Economic Outlook. 

The new forecasts could be a mixed bag, reflecting uneven global data in recent weeks. IMF Chief Lagarde said at a recent conference that this year's global growth may be similar to last year's 3.4%. 

Side discussions among attendees will likely abound, on topics such as Greece's ongoing funding issues, the IMF's quota reform and China's Renminbi inclusion in the IMF's Special Drawing Rights (SDR) basket, among other themes.