IMF forecasts global growth at 3.2% in 2024-2025, with US, Brazil, UK growth revised upwards, and China, Japan, eurozone facing cuts.

The International Monetary Fund (IMF) forecasts global growth at 3.2% for both 2024 and 2025, maintaining its July projection. The U.S., Brazil, and the UK saw upward revisions, while China, Japan, and the eurozone faced cuts. U.S. growth is projected at 2.8% in 2024, supported by strong consumption. The IMF warns of risks from potential trade wars and tight monetary policies, emphasizing the uneven economic recovery across regions.

October 22, 2024
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