Washington | The International Monetary Fund upgraded its global growth forecast for this year, spurred by stronger-than-expected US demand and slowing inflation worldwide that will let central banks continue to cut interest rates.
The IMF raised its projection to 3.3 per cent in an update to its World Economic Outlook on Friday, 0.1 percentage point more than its previous forecast in October. It kept the estimate for 2026 unchanged at 3.3 per cent.
