IMF sees global inflation declining, downgrades China growth to 4.8% ========== The IMF projects global inflation to decline to 3.5% by the end of 2025; global growth is expected to remain steady at 3.2% in 2024; China's growth forecast downgraded to 4.8%; U.S. economy projected to expand by 2.8% due to wage hikes; China's GDP growth for Q3 recorded at 4.6%, the slowest in over a year; IMF attributes global inflation decline to stronger-than-expected U.S. performance despite slowdowns in China and Japan. #Imf #GlobalInflation #ChinaGrowth #EconomicOutlook #UsEconomy #Gdp #2024Forecast #Japan #PropertyDownturn #MonetaryPolicy https://asia.nikkei.com/Economy/IMF-sees-global-inflation-declining-downgrades-China-growth-to-4.8