IMF warns of stubborn inflation and weaker global growth in 2024

“Monetary policy needs to remain tight in most places until inflation is durably coming down towards targets,” says Pierre-Olivier Gourinchas, the IMF’s chief economist.
The IMF estimates that global growth will reach 3.0% this year and 2.9% next year. | Photo: Tang Ke/AP/Ritzau Scanpix
The IMF estimates that global growth will reach 3.0% this year and 2.9% next year. | Photo: Tang Ke/AP/Ritzau Scanpix
By Eric Martin, bloomberg news

The International Monetary Fund lifted its global inflation forecast for next year and called for central banks to keep policy tight until there’s a durable easing in price pressures.

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