In its latest economic update, the institution said the global economy will grow 2.9% this year.

MORNING SQUAWK EMEA Tuesday January 31 2023 AS OF TUE, JAN 31, 2023 • 02:59 ET S&P 500 Close 4,017.77 -1.30% -52.79 S&P 500 Futures 4,030.50 -0.05% -2.00 Nikkei 255 27,327.11 -0.39% -106.29 IMF hikes global growth forecast as inflation cools and household spending surprises In its latest economic update, the institution said the global economy will grow 2.9% this year.   More » Stocks close lower, Dow sheds more than 250 points to snap six-day win streak Earnings reports from Big Tech giants including Apple and a possible Fed rate hike will test Wall Street's January rally.  More » Apple's expected to post its first revenue decline since 2019 on Thursday  Apple reports December quarter earnings on Thursday, and there are a lot of factors pointing to the company's first year-over-year revenue decline since 2019. More » Boris Johnson says Putin threatened him with missile strike in pre-call; Berlin rules out fighter jets for Kyiv Ukraine is pressing its allies for faster weapons supplies, while the prospect of receiving fighter jets looks distant for now. More » Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks China's benchmark index came within striking distance of a bull market on Monday. How much further can it go? More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in CET 06:15 Pierre-Olivier Gourinchas Chief Economist, IMF IMF 09:15 Samy Chaar Chief Economist, Lombard Odier Markets 17:00 Rudiger von Fritsch Former German Ambassador Ukraine/Germany Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2023 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS