PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.
The International Monetary Fund raises its growth forecasts for the world and major economies
PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.
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