IMF bumps 2017 global growth outlook

IMF sees better growth led by Japan, UK and China
– IMF sees 3.5% growth compared to 3.4% in January forecast
– IMF says 2016 global growth was 3.1%
– 2018 forecast unchanged at 3.6%
The IMF said the improved outlook was due to strong manufacturing in Japan and Europe along with strong business confidence in the US. They also touted stronger government support and a recovery in commodity prices.