Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF...
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken."
Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus forecast for a 0.3% increase.