Also downgraded US growth for 2017 and 2018
Moderate growth benefits region
Increased by 0.5% to 2%
2-year bond yields hit eight month high
Increased 2017 US growth forecast to 2.3%
While IMF global growth forecasts may have finally steadied after five consecutive semi-annual cuts, it is not to say that the global economy has stabilised and is set to normalise once again.
But long-term Brexit implications on horizon
Family businesses has enjoyed operating across Europe
Aims to support eurozone's third-largest economy