The International Monetary Fund raises its growth forecasts for global and major economies

PANews reported on October 14 that according to the latest "World Economic Outlook" report of the International Monetary Fund (IMF), the IMF predicts that the global economy will grow by 3.2% and 3.1% in 2025 and 2026 respectively, which is slightly higher than the July forecast. The U.S. economy is expected to be 2.0% and 2.1% respectively (previous values 1.9% and 2.0%). The IMF said it will benefit from low tariff rates, tax reform stimulus and loose financial conditions. The Eurozone growth forecast is 0.7% and 1.7% (previous value 1.0% and 1.2%), the UK's forecast is revised upward to 1.4% and 1.4% (previous value 1.2% and 1.4%), and Japan's forecast is revised down to 0.2% and raised to 1.1% (previous value 0.7% and 0.5%). The IMF expects the overall global inflation rate to fall from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.