I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The I.M.F. upgraded its projection for output in the United States this year to 2.8 percent from an earlier estimate of 2.6 percent, as a result of stronger consumer spending and higher wages. Economic growth is projected to slow to 2.2 percent in 2025.
Global fight against historic inflation surge is nearly over, says IMF
Policymakers in the U.S. and other major economies have quelled the worst inflation in four decades without tumbling into recession, the International Monetary Fund said Tuesday.
IMF's view: The global fight against high inflation is 'almost won'
The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared
IMF Chief Economist Says Battle Against Inflation 'Almost Won'
The chief economist for the International Monetary Fund (IMF) told reporters on Tuesday that "the battle against inflation is almost won," amid falling inflation data. Pierre-Olivier Gourinchas said that inflation in many countries is now nearing central bank targets.
IMF says global fight against inflation is 'almost won' but warns of rising risks
The International Monetary Fund projects global headline inflation will fall to 3.5% year-over-year by the end of 2025 from 5.8% in 2024 Rising market volatility was among the risks the agency highlighted to global growth A spike in commodity prices would especially hurt lower-income nations,
Global battle against inflation has largely been won, IMF says
The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the global growth outlook among advanced economies.
AMERICAS Dollar rides rising yields, Canada set to ease
And shares of McDonald's (MCD.N) fell nearly 6% in premarket trading after an E. coli outbreak linked to the restaurant chain ...
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IMF Slashes Nigeria’s Growth Prospects Over Low Oil Production, Severe Flooding, Others
The fund, in its recently published World Economic Outlook (WEO), noted that "Nigeria’s growth prospects for 2024 dropped to 2.9% from 3.3%" published in its last report.
CNBC Daily Open: The S&P could still have legs despite stalling
With elections and high valuations, the path ahead for markets may be rocky. But the S&P might persist in scaling an ...
Germany's Habeck lays out plan to boost economy, calls for investment fund
German Economy Minister Robert Habeck wants to remedy weak growth in Europe's largest economy with a debt-financed investment ...
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Monetary policy shouldn’t overreact to one data point – IMF
Central banks should clearly communicate the idea that monetary policy should not react excessively to any individual data ...
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International Monetary Fund projects Aussie inflation to stay above 3% in 2025
The International Monetary Fund projects Australian inflation will run above the 3 per cent target next year, in devastating ...
CNBC Daily Open: The S&P could continue its ascent despite pausing
With elections and high valuations, the path ahead for markets may be rocky. But the S&P might persist in scaling an ...
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IMF forecast: Ukraine's national debt to exceed 100% GDP in 2025
In 2025, Ukraine's national debt will exceed 100% of its GDP for the first time. This year, the debt amount will be just 3-5% ...