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International Business Times
International Business Times
World
Beiyi SEOW

IMF Maintains 2024 Global Growth Forecast, Warns Of Inflation Risk

International Monetary Fund Inflation PierreOlivier Gourinchas Japan United States China
IMF chief economist Pierre-Olivier Gourinchas flagged a "gradual dismantling" of the multilateral trading system as a key concern in unveiling the fund's latest economic outlook report (Credit: AFP)

The IMF held global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.

The International Monetary Fund expects the world economy to grow 3.2 percent this year, unchanged from its April forecast, according to its World Economic Outlook update.

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