See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

Posted on AllSides April 16th, 2024
From The Center
Nikada | E+ | Getty Images

The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite inflationary pressures and monetary policy shifts.

The IMF now expects global growth of 3.2% in 2024, up by a modest 0.1 percentage point from its earlier January forecast, and in line with the growth projection for 2023. Growth is then expected to expand at the same pace of 3.2% in 2025.

The IMF’s chief economist, Pierre-Olivier Gourinchas, said the findings suggest that the global economy is heading for a “soft landing,”...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.cnbc.com/2024/04/16/imf-upgrades-global-growth-forecast-as-economy-proves-surprisingly-resilient-despite-downside-risks.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right