Hi there,
Our latest economic report is out! Global growth remains strong but increasingly uneven amid evolving virus dynamics and the gradual removal of policy support.
Overall, while we expect global growth to remain strong at +5.5% in 2021 and +4.2% in 2022 amid significant monetary accommodation and fiscal impulse, economic slack remains sizable with significant variation across countries.
Vaccination rates, unwinding of supply bottlenecks and policy choices will critically influence the scale of catch-up.