Investing.com - The OECD on Tuesday forecast U.S. economic growth would pick up this year and the next on fiscal stimulus plans.
In its Interim Economic Outlook, the agency said it sees U.S. real GDP growth of 2.4% in 2017 and 2.8% in 2018.
The U.S. economy grew an estimated 1.6% last year.
The OECD said U.S. domestic demand would be boosted by increased household wealth and a pick-up in oil output.
The Paris-based agency predicted global growth would accelerate to 3.3% from 3.0% in 2016 and to 3.6% in 2018.
The organization warned that the risk of increasing protectionism could undermine global growth prospects.
The Japanese economy is expected to expand at a rate of 1.2% this year, up from 1.0% in 2016.
China's GDP growth is forecast to decline to 6.5% this year from 6.7% in 2016.
Euro-zone GDP growth is seen slipping to 1.6% this year from 1.7%.