PANews reported on October 14th that the International Monetary Fund (IMF) projected global economic growth of 3.2% and 3.1% in 2025 and 2026, respectively, a slight upward revision from its July forecast. The US economic forecast is 2.0% and 2.1%, respectively (previous estimates: 1.9% and 2.0%), with the IMF citing low tariffs, tax reform stimulus, and loose financial conditions as the primary driver. Eurozone growth is projected at 0.7% and 1.7% (previous estimates: 1.0% and 1.2%), while UK forecasts have been raised to 1.4% and 1.4% (previous estimates: 1.2% and 1.4%). Japan's forecasts have been lowered to 0.2% and raised to 1.1% (previous estimates: 0.7% and 0.5%). The IMF projects global inflation to decline from 5.8% in 2024 to 4.2% in 2025 and 3.7% in 2026.
The International Monetary Fund raises its growth forecasts for the world and major economies

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