IMF Raises U.S. Economic Growth Forecast for 2024

IMF lifts US growth forecast but marks down China; sees lackluster global economy
The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but cut them for China, Japan and the euro zone, adding that risks abound from armed conflicts,
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but upgraded other countries' forecasts on AI demand.
IMF Raises U.S. Economic Growth Forecast for 2024 While Overall Global Output Remains Unchanged
The international economic organization heralded progress on inflation while warning about anti-globalization policies and geopolitical tensions.
US remains engine of global growth in latest IMF forecasts
Emerging market powerhouses India and Brazil also stood out on the upside of the IMF forecasts, while it dialed back growth expectations for China for this year and left next year's forecast for the world's No.
IMF Forecasts Global Economy To Grow 3.2% In 2025
The International Monetary Fund released its World Econ0mic Outlook today outlining critical growth forecasts and risk assessments for the year ahead and beyond.
US: IMF maintains 2024 global growth forecast at 3.2 pct, warns of geopolitical tensions
The International Monetary Fund (IMF) on Tuesday maintained its global growth forecast in 2024 at 3.2 percent, consistent with its projection in July, according to its newly released World Economic Outlook (WEO).
IMF keeps India's FY25 growth forecast unchanged at 7%
The International Monetary Fund said it expects India's GDP growth to moderate from 8.2% in FY24 to 7% in FY25 and 6.5% in FY26 because pent-up demand accumulated during the pandemic has been exhausted.
IMF keeps India’s GDP growth forecast at 7% for FY25 and 6.5% for FY26
The International Monetary Fund (IMF) has confirmed its growth forecasts for India, projecting a GDP growth of 7 per cent for the financial year 2024 and 6.5 per cent for FY25. This assessment highlights that the pent-up demand accumulated during the pandemic has been largely exhausted as the economy “reconnects” with its potential.
IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
The IMF projects India's GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025 as post-pandemic demand depletes. Headline inflation is expected to fall to 3.5% by end of 2025. Finance minister Nirmala Sitharaman remains optimistic,
US Must Act Now to Change Path of Rising Debt, IMF’s Gaspar Says
The US keeps increasing its borrowings at a pace that can’t go on indefinitely and should take advantage of its current ...
IMF forecasts low growth and calls for unending government spending cuts
The best-case scenario in the World Economic Outlook report was that medium-term global growth would remain lacklustre at 3.1 ...
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IMF, World Bank meetings clouded by wars, slow economic growth, US election
WASHINGTON, Oct 21 (Reuters) - Global finance chiefs will gather in Washington this week amid intense uncertainty over wars ...
US Election Creates ‘High Uncertainty’ for Fragile Markets, IMF Says
The International Monetary Fund said the US election is creating “high uncertainty” for markets and policymakers, given the ...
US 'Very Close' To Soft Landing, IMF Chief Economist Says
The United States is very close to achieving a soft landing, the rare feat of tackling inflation without spurring a long recession, the IMF's chief economist told AFP.
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IMF Sticks To 7 Per Cent Growth Forecast For India In 2024-25; Lowers China's Outlook, Raises US Projection
In India, the outlook is for GDP growth to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025, ...
IMF Sees Growth Shift Toward BRICS and Away From G-7 in New Outlook
The world economy is set to rely even more heavily on the BRICS group of emerging economies to drive expansion, rather than ...
US presidential election looms over IMF and World Bank annual meetings
Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S.
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China should use fiscal policy to boost growth: IMF
The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official ...
IMF isn’t doing enough to support Africa: billions could be made available through special drawing rights
The $33 billion that African countries received under the IMF’s special drawing rights after COVID didn’t add to their debt, ...