The International Monetary Fund (IMF) has recently revised its outlook for the global economy, forecasting resilient growth led by the United States and a gradual decline in inflation. According to the IMF's latest report, released on Tuesday, the global economy is expected to grow by 3.1% this year, the same rate as in 2023, but better than the previous estimate of 2.9% for 2024.
Inflation, a key concern for many economies, is anticipated to ease from 6.8% in 2023 to 5.8% in 2024 and 4.4% in 2025 worldwide. Advanced economies are predicted to experience a drop in inflation to 2.6% this year, followed by a decline to 2% next year, in line with the targets set by the Federal Reserve and other central banks.
