IMF maintains 2024 global growth forecast

By Agence France-Presse

Jul 18, 2024 12:22 am

WASHINGTON, D.C. — The International Monetary Fund (IMF) held global growth expectations for 2024 steady in a report on Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.

The IMF expects the world economy to grow 3.2 percent this year, unchanged from its April forecast, according to its World Economic Outlook update.

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