IMF Projects Stable Global Growth and Continued Inflation Decline in 2025
Washington, January 11 (Hibya) - IMF Managing Director Kristalina Georgieva told reporters on Friday that the International Monetary Fund expects stable global growth and continued inflation decline in its updated World Economic Outlook to be released on January 17.
Georgieva stated that the U.S. economy is performing "quite well" compared to expectations but pointed to significant uncertainties weighing on the trade policies of the Donald Trump administration and long-term interest rates.
She noted that inflation is nearing the Federal Reserve's target, with data indicating a stable labor market, allowing the Fed to wait for additional data before making further rate cuts.
The IMF will release its updated global outlook on January 17, emphasizing ongoing global economic pressures.
In October, the IMF raised economic growth projections for the U.S., Brazil, and the U.K. for 2024 but lowered projections for China, Japan, and the Eurozone, citing potential risks of trade wars and tight monetary policies.
Albania News Agency
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