Growth estimates for 2024 revised up as major economies post stronger than expected performances in 2023
The global economy is gliding towards a “soft landing” after coping with the impact of tough central bank interest-rate action to reduce inflation, the International Monetary Fund has said.
Revising up its growth estimates for 2024, the IMF said a number of major economies – including the US, China, Russia and India – had posted stronger than expected performances in 2023 and it was surprised by the resilience shown.
Continue reading…Growth estimates for 2024 revised up as major economies post stronger than expected performances in 2023The global economy is gliding towards a “soft landing” after coping with the impact of tough central bank interest-rate action to reduce inflation, the International Monetary Fund has said.Revising up its growth estimates for 2024, the IMF said a number of major economies – including the US, China, Russia and India – had posted stronger than expected performances in 2023 and it was surprised by the resilience shown. Continue reading…
