The International Monetary Fund has raised its forecasts for both the U.S. and the global economies, crediting rapid COVID-19 vaccine rollouts and relief efforts.

A woman walks past an International Monetary Fund headquarters(IMF) building in Washington, DC on April 5, 2021. – The annual spring meetings of the International Monetary Fund (IMF) and the World Bank Group will be held virtually from April 5 to April 11, 2021. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)