January 30, 2024 BY Simon Mugo

IMF Revises Its Economic Outlook As Global ‘Soft Landing’ Seems Likely

IMF Chief Economist Pierre-Olivier Gourinchas highlighted the updated World Economic Outlook, indicating that the global economy is approaching a 'soft landing' phase. However, he cautioned that while inflation is steadily declining and growth is maintained, the expansion's pace remains slow, and potential challenges lie ahead. The IMF's optimism is bolstered by increased public and private…

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