IMF Warns of Challenges in Lowering Inflation and Potential Impact on Interest Rates
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#4566d0f2 ver:0.7
The IMF warns of challenges in lowering inflation and potential impact on interest rates as global disinflation slows. The US economy is growing slower than expected, with high inflation and weakening consumer spending. The IMF projects China's economy to grow at 5% this year. The IMF predicts US economic growth of 2.6% for 2024 and 1.9% for next year, citing cooling labor market and consumption. Sticky services inflation complicates monetary policy and raises risks of prolonged higher interest rates. Rising debt and geopolitical trade stresses contribute to inflationary pressures. #IMF #inflation #interestrates #economy...
#newstr #Imf #Inflation #FederalReserve #InterestRates #EconomicOutlook
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