IMF raises global growth forecast

Jan 21, 2014, 10:08 AM EST
 IMF Managing Director Christine Lagarde speaks during a press conference at press center on December 5, 2013 in Seoul, South Korea.
AFP/Getty Images

The International Monetary Fund raised its global growth forecasts for the first time in nearly two years amid rising demand and inventories in advanced economies, which picked up the mantle of growth from emerging markets. But the IMF warned richer nations were still growing below full capacity, and added the specter of deflation to its long list of risks that could derail the nascent recovery.


Two challenges for the global economy [FT]

IMF warns of deflation risk [CNN Money]