The IMF lowered its 2023 global GDP forecast on Tuesday, noting the risk of a “hard landing” for the world economy. See potential bias and similarities in coverage from FoxBusiness, politico and CNBC: IMF Economy
The International Monetary Fund on Tuesday cut its global growth outlook for the year, warning the world economy faces the increased risk of a"hard landing" due to continued fallout from a spate of bank failures, higher interest rates and stubborn inflation.
The Washington-based institution said in its latest World Economic Outlook that global gross domestic product will grow by just 2.8% this year – which represents a 0.1 percentage point decline from its previous forecast in January – before rising to 3% in 2024.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IMF’s Georgieva: India, China to account for 50% of global economic growth in 2023International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said that “the global economy is estimated to grow less than 3 percent in 2
Read more »
IMF Forecasts: 2023 global real GDP growth at 2.8% vs 2.9% in January forecastThe International Monetary Fund said in its latest World Economic Outlook report that it revised the global real Gross Domestic Product growth for 202
Read more »
French FinMin Le Maire reaffirms target to lower inflation in 2023French Finance Minister Bruno Le Maire reaffirmed its target to lower inflation in 2023, in an appearance on Tuesday. Additional quotes “French growth
Read more »
‘The Super Mario Bros. Movie’ is a box office smashThe animated offering from Universal and Illumination powered up with $204.6 million in its first five days in 4,343 North American theaters, including $146.4 million over the weekend, according to studio estimates on Sunday.
Read more »
Pa. primary election 2023: Supreme Court candidates with party backing show fundraising advantageThe Pa. Supreme Court candidates running in the 2023 primary election have raised $365,000 from wealthy donors, their own bank accounts, and more.
Read more »
The best cheap gaming laptops of 2023The best cheap gaming laptops aren't perfect, but they can play great games and won't cost you an arm and a leg. Click now to learn more!
Read more »