The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflation without sending nations into recession.
Global output will expand 3.2%, 0.1 percentage point slower than a July estimate, the IMF said in an update of its World Economic Outlook released on Tuesday. It left the projection for this year unchanged at 3.2%. Inflation will slow to 4.3% next year from 5.8% in 2024.
Source: Bloomberg
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