IMF Warns Central Banks to Avoid Premature Easing as Global Inflation Holds
  • 7 months ago
The IMF has maintained its global growth forecast at 3.0% for 2023, raising its growth forecast for the United States but revised its forecast for China and the euro zone. The global economy is recovering, but growth trends are diverging, indicating mediocre medium-term prospects. The IMF is concerned about various risks including China's property crisis, volatile commodity prices, geopolitical fragmentation, and a potential resurgence in inflation. A new risk has emerged with the Israel-Palestinian conflict. The IMF warns that inflation remains high and urges central banks to avoid premature easing.
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