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IMF says global ‘soft landing’ in sight, lifts 2024 growth outlook

By Inquirer - 10 months ago
JOHANNESBURG/WASHINGTON  —The International Monetary Fund on Tuesday edged its forecast for global economic growth higher, upgrading the outlook for both the United States and China – the world’s two largest economies – and citing faster-than-expected easing of inflation. The IMF‘s chief economist, Pierre-Olivier Gourinchas, said the global lender’s updated World Economic Outlook showed that a “soft landing” was in sight, but overall growth and global trade still remained lower than the

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