The latest IMF global growth forecasts are set to be released on Tuesday

<p>IMF forecasts rarely make it onto the economic calendar but they can be market movers, especially the forecast regarding global growth.</p><p>The estimates are released quarterly, with the prior edition from April 11 and showing:</p><ul><li>2023 global GDP +2.8% vs 2.9% in January</li><li>2024 GDP at +3.0%</li><li>China 2023 GDP at 5.2% and 2024 at 4.5% (these are likely going lower)</li><li>Eurozone GDP at +0.8%</li><li>UK and German GDP contracting slightly this year</li><li>US GDP growth at 1.6% vs 1.4% in January</li></ul><p>Expect the usual commentary on the need for central banks to be vigilant about inflation and not ease rates too quickly.</p>

This article was written by Adam Button at www.forexlive.com.