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IMF Cuts China Growth Forecast

Hosted on MSN · 17h

IMF warns on China's property market worsening as it cuts country's growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

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, because pent-up demand accumulated during the pandemic has been exhausted,

IMF Cuts China Growth Forecast, Warning of Worsening Property Crisis

China's growth forecast for 2024 has been downgraded by the International Monetary Fund (IMF), which cites a deepening property crisis as a key risk to the global economic outlook, CNBC reports. The organization now predicts China's economy will expand by 4.8% this year, down 0.2 percentage points from its July estimate.

IMF, Inflation

Reuters on MSN · 19h

China's stimulus measures not enough, Yellen and IMF chief economist say

China's latest stimulus measures will not meaningfully boost domestic demand, leaving a major source of trade friction intact, U.S. Treasury Secretary Janet Yellen and International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.

Newsweek on MSN · 1d

IMF Chief Economist Says Battle Against Inflation 'Almost Won'

The chief economist for the International Monetary Fund (IMF) told reporters on Tuesday that "the battle against inflation is almost won," amid falling inflation data. Pierre-Olivier Gourinchas said that inflation in many countries is now nearing central bank targets.

MarketWatch on MSN · 1d

Global battle against inflation has largely been won, IMF says

The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.

23h

China's stimulus measures are not sufficient to lift domestic growth, IMF says

China's recent stimulus measures go in the right direction but are not sufficient to lift domestic growth in a substantially ...

1h

Global public debt will hit $100 trillion by year-end, says IMF

Global public debt will rise above $100 trillion by the end of 2024, the agency projected in its annual Fiscal Monitor report ...

1d

Shift to electric vehicles will have far-reaching impact, IMF says

The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international ...

8h

China’s stimulus measures not enough, say Yellen and IMF chief economist

WASHINGTON – China’s latest stimulus measures will not meaningfully boost domestic demand, leaving a major source of trade ...

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