The global economy finds itself in a “sticky spot,” according to the International Monetary Fund’s latest World Economic Outlook Update. While maintaining its growth projections, the Fund warns of persistent inflation risks and an increasingly complex policy landscape. This report comes as central banks grapple with the challenge of taming price pressures without derailing fragile economic recoveries.
The IMF has held steady its global growth forecast at 3.2% for 2024 and 3.3% for 2025. However, beneath this headline stability lies a tale of diverging fortunes across major economies.
The United States, long the engine of global growth, is expected to see its economy cool, with growth revised down to 2.6% in 2024 and 1.9% in 2025. In contrast, the eurozone shows signs of life, with a modest…
