The latest IMF forecasts point to a slight improvement in global growth, now estimated at 3.1% in 2024 (0.2 points better than the previous forecast) and 3.2% in 2025. These new figures can be explained by the resilience of the US economy and several major emerging economies, as well as China’s new fiscal stimulus measures. The faster fall in inflation in most regions reduces the risk of a hard landing, according to the IMF. How central banks steer their monetary policies in this context will therefore remain a major issue over the coming months.
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