IMF: Global GDP growth rate is forecast to be 3.2% in 2024, and the US economic growth rate is 2.8%

BlockBeats news, on October 22, the International Monetary Fund (IMF) released the Global Economic Outlook report:

The global GDP growth rate is predicted to be 3.2% in 2024, which remains unchanged from the forecast in July, and is expected to grow by 3.2% in 2025, lower than the 3.3% forecast in July;

The US economic growth rate is predicted to be 2.8% in 2024, higher than 2.6% in July, and the economic growth rate in 2025 is 2.2%, higher than 1.9% in July;

The eurozone economic growth rate is predicted to be 0.8% in 2024, lower than the 0.9% forecast in July, and the economic growth rate in 2025 is 1.2%, lower than 1.5% in July;

The economic growth forecast for Japan in 2024 was lowered to 0.3%, lower than The Bank of Japan is expected to gradually raise interest rates to around 1.5% in the medium term, compared with the 0.7% forecast in July. The Japanese economy is expected to grow by 1.1% in 2025 as rising real wages boost consumption. (Jinshi)