In the World Economic Outlook update, IMF upgraded global growth forecast for 2024 by 0.2% to 3.1%. 2025 growth forecast was left unchanged at 3.2%. This upward revision largely stems from stronger-than-expected economic resilience in the US and key emerging markets, along with fiscal support measures in China. Also, IMF anticipates slowdown in global inflation […]
The post IMF raises 2024 global growth forecasts, risk of hard landing recedes appeared first on Action Forex.
If you’ve recently visited your local grocery store and left with a hefty dose of sticker shock, you’re not alone. The price of nearly everything, especially food and beverages, has increased over the past year. Read more…
Consumer prices surged in 2022, and since then, necessities like food, housing, and energy have been hit with the highest increases. Housing costs have been a point of contention, as both renters and homeowners are Read more…
The introduction of a Chinese AI app rippled through the entire tech market and hit AI-chip leader Nvidia particularly hard. The DeepSeek app’s developer claims that its flagship AI model, R1, performs almost as well Read more…