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IMF sees path to 'soft landing' for the global economy in its latest outlook

IMF forecasts a strengthening global economy as inflation cools, but warns of the threat of wars and other disruptions.

The IMF says the global growth outlook is resilient but slow.
The IMF says the global growth outlook is resilient but slow. (AN/Nilantha Ilangamuwa/Unsplash)

With inflation easing, growth holding steady and the effects of the COVID-19 pandemic fading, the International Monetary Fund said it can foresee a softer landing for the global economy than economists recently feared.

But the rosier than expected forecast on Tuesday was tempered by disruptions in the global supply chain, especially in the Middle East, and the possibility that core inflation could be more persistent than predicted.

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