Global Economic Outlook: IMF April 2016

We have include an abridged statement from the IMF that was released on Tuesday this week and in which the commodity situation continues to loom large. Our SMU data analysis follows with comments about the future of global and domestic steel demand through 2021. We believe that an understanding of global influences is essential if we are to have any idea what the future of the US steel market will look like. After the Federal Reserve published its minutes last week, New York Federal Reserve president William Dudley stated that the Fed must approach future rate hikes with caution. Dudley reiterated Fed chair Yellen’s recent comments that although domestic growth was steady, the US economy remained prone to risks due to turbulent conditions in the global economy.

Transcript of the World Economic Outlook Press Conference