The International Monetary Fund has forecast a drop in global inflation from 8.8 percent in 2022 to 6.5 percent in 2023. Last year, a number of countries saw inflation soaring to levels unseen in decades. In the U.S., the CPI surged by 9.1 percent in June from 12 months e...
And as other central banks plan to start cutting rates, Japan is poised to do the opposite. In 2025, the country is forecasted by the IMF to see its first positive interest rates in nine years. It’s important to remember that future rate cuts will largely depend on whetherinflation in ...
The IMF said it still expects the world economy to grow 3.2 percent in 2024, unchanged from its previous forecast in April; It forecast growth of 3.3 percent in 2025, 0.1 percent higher than in April. "Global growth remai...
WASHINGTON, Jan. 17 (Xinhua) -- The International Monetary Fund (IMF) on Friday slightly upgraded its global growth forecast in 2025 to 3.3 percent, 0.1 percentage point up from its projection in October 2024, according to an update to its World Economic Outlook (WEO). Economic policy uncerta...
The WEO report showed that the latest forecast for global growth five years from now -- at 3.1 percent -- is at its lowest in decades. The IMF estimates that global headline inflation is expected to fall from an annual average of 6.8 percent in 2023 to 5.9 percent in 2024 and 4.5 perce...
The International Monetary Fund on Tuesday downgraded global economic growth for a second time this year. It shaved nearly a whole percentage point off predictions that just months ago forecast robust post-pandemic expansion. And if the Russia-Ukraine conflict, and inflation, are...
Jean Marc:The baseline forecast inflation to continue going down the path, and we have so far indication that it's been very stable and continued in the recent past. So we have indication it's continuing. Now, of course, that's how we describe it in the report. There can be bumps in...
The WEO report showed that the latest forecast for global growth five years from now -- at 3.1 percent -- is at its lowest in decades. The IMF estimates that global headline inflation is expected to fall from an annual average of 6.8 percent in 2023 to 5.9 percent in 2024 and 4.5 perce...
Jean Marc:The baseline forecast inflation to continue going down the path, and we have so far indication that it's been very stable and continued in the recent past.So we have indication it's continuing. Now, of course, that's how we describe it in the report. There can be bumps in...
Jean Marc:The baseline forecast inflation to continue going down the path, and we have so far indication that it's been very stable and continued in the recent past. So we have indication it's continuing. Now, of course, that's how we describe it in the report. There can be bumps in...