Week InAdvance: April 18, 2022
Mon Apr 18 Easter Monday. Financial markets are closed in many countries including the U.K. and most of Europe. IMF/World Bank spring meetings start. Boston Marathon. | Tue Apr 19 G20 finmins & central bank govs meet in DC. | Wed Apr 20 French presidential election debate. | Thu Apr 21 U.S. Fed chair & ECB president discuss global economy at IMF event. | Fri Apr 22 Earth Day. BOE's Bailey speaks on IMF panel.
The International Monetary Fund is poised to cut its global growth estimate for 2022 as a result of the war in Ukraine, pointing to recession risks in a growing number of countries. The IMF is set to update its forecasts for global growth during its annual spring meetings.
China releases first-quarter GDP figures on Monday, and its economic outlook will be a major theme at the Boao Forum, the annual gathering of political and business leaders in Hainan, which starts on Wednesday.
In France, President Emmanuel Macron faces his nationalist challenger Marine Le Pen in a debate on Wednesday, just days before the pair's April 24 runoff vote election. Polls show Macron holds a narrow lead.
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