IMF Predicts Mixed Global Economic Prospects
==========
The International Monetary Fund (IMF) has released its updated economic forecast for 2024, revealing a mixed global landscape. China and India have upgraded growth outlooks, while the United States and Japan face modest downgrades. Europe shows signs of recovery. The IMF maintains its prediction for global growth at 3.2%. China's forecast is revised to 5% and India's to 7%. The eurozone's growth is adjusted slightly upward to 0.9%. The U.S. growth forecast is downgraded to 2.6% and Japan's to 0.7%. Inflation rates are expected to ease from 6.7% in 2023 to 5.9% this year. Service sector inflation remains high. The global economic narrative is one of measured optimism with caveats.
#Imf #EconomicForecast #GlobalGrowth #China #India #UnitedStates #Japan #Europe #Inflation
https://evrimagaci.org/tpg/imf-predicts-mixed-global-economic-prospects-1011
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npub1pm…c82t3
2024-07-17 07:10:36
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npub1pm5nf0vv5h8syx449lu2tr45ljdjhpz6lt6sncttxvdd0ft4djeqmc82t3Published at
2024-07-17 07:10:36Event JSON
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"content": "IMF Predicts Mixed Global Economic Prospects\n==========\n\nThe International Monetary Fund (IMF) has released its updated economic forecast for 2024, revealing a mixed global landscape. China and India have upgraded growth outlooks, while the United States and Japan face modest downgrades. Europe shows signs of recovery. The IMF maintains its prediction for global growth at 3.2%. China's forecast is revised to 5% and India's to 7%. The eurozone's growth is adjusted slightly upward to 0.9%. The U.S. growth forecast is downgraded to 2.6% and Japan's to 0.7%. Inflation rates are expected to ease from 6.7% in 2023 to 5.9% this year. Service sector inflation remains high. The global economic narrative is one of measured optimism with caveats.\n\n#Imf #EconomicForecast #GlobalGrowth #China #India #UnitedStates #Japan #Europe #Inflation\n\nhttps://evrimagaci.org/tpg/imf-predicts-mixed-global-economic-prospects-1011",
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