摘要
Multi-speed economic recovery,with risksThe scale of U.S.fiscal stimulus and the speed of vaccine rollout have significantly lifted global economic prospects.We raise our 2021 global growth forecast to 5.7%from 4.8%.Growth optimism has driven markets since we made our initial forecast in December of 2020,contributing to commodity gains and new infla-tion concerns.However,we maintain a cautious outlook given the uneven nature of the economic recovery.