IMF Forecasts Slower US Growth, Higher-for-Longer Global Interest Rates
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#4566d0f2 ver:0.68
The IMF predicts slower US growth at 2.6% in 2024 and 1.9% in 2025, citing a cooling labor market and moderating consumption. Global GDP growth is estimated at 3.3% in 2025, with a brighter outlook for the eurozone. Persistent services inflation in the US raises risks of prolonged higher interest rates and increasing debt concerns. Escalating trade tensions, policy uncertainty, and elections contribute to increased uncertainty. #IMF #economicgrowth #interestrates #inflation #debtconcerns...
#newstr #Imf #UsEconomy #GlobalInterestRates #StickyInflation #DebtConcerns
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