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IMF Lifts Growth Forecast for Global Economy, Warns of Risks

Posted on AllSides April 16th, 2024
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Linh Pham/Bloomberg

The International Monetary Fund inched up its expectations for global economic growth this year, citing strength in the US and some emerging markets, while warning the outlook remains cautious amid persistent inflation and geopolitical risks.

Global economic activity will expand 3.2% this year, it said Tuesday in its World Economic Outlook, up 0.1 percentage point from its January estimate. The forecast for 2025 was unchanged at 3.2%.

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