IMF global outlook - "Inflation peaking amid low growth" - raises its global GDP forecast<p>International Monetary Fund with its latest economic update.</p><p>Projects the global economy will grow 2.9% this year</p><ul><li>+0.2% from its previous forecast in October</li><li>down from 3.4% in 2022</li><li>forecasts +3.1% in 2024</li><li>expects that 84% of nations will face lower headline inflation this year compared to 2022</li><li>"Growth will remain weak by historical standards, as the fight against inflation and 's war in e weigh on activity"</li></ul><p>Full report is here:</p><ul><li><a href="https://www.imf.org/en/Publications/WEO/Issues/2023/01/31/world-economic-outlook-update-january-2023" target="_blank" rel="nofollow">The balance of risks remains tilted to the downside, but adverse risks have moderated since the October 2022 WEO</a></li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: IMF global outlook - "Inflation peaking amid low growth" - raises its global GDP forecast (https://www.forexlive.com/news/imf-global-outlook-inflation-peaking-amid-low-growth-raises-its-global-gdp-forecast-20230131/https://www.forexlive.com/news/imf-global-outlook-inflation-peaking-amid-low-growth-raises-its-global-gdp-forecast-20230131/)
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