IMF Expects Global Growth Stability with Continued Decline in Inflation

IMF Expects Global Growth Stability with Continued Decline in Inflation

IMF Expects Global Growth Stability with Continued Decline in Inflation

IMF Managing Director Kristalina Georgieva stated that the International Monetary Fund anticipates stability in global economic growth and a continued decline in inflation rates, according to the “World Economic Outlook” report set to be released on January 17.

 

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IMF

United States

London

 

 

 

IMF

Georgieva noted that the U.S. economy has performed better than
expected despite challenges stemming from uncertainty surrounding policies of President-elect Donald Trump.
These uncertainties complicate global economic conditions and contribute to higher long-term interest rates.

 

United States

U.S. Labor Market Surprises with Positive Employment Indicators and December Unemployment Decline
Data from the U.S. labor market for December 2024 showed notable improvement,
with the economy adding 256,000 new jobs, surpassing the forecast of 160,000 jobs.
November figures were also revised up to 212,000 jobs. Additionally, the unemployment rate fell to 4.1%,
lower than both expectations and the previous reading of 4.2%.

Regarding wages, the average hourly earnings grew by 0.3% month-on-month, aligning with expectations,
and increased by 3.9% year-on-year, slightly below the forecasted 4.0%.
These figures reflect a strong performance in the U.S. labor market, indicating stable economic activity across all sectors.

 

 

 

 

 

London

London Strengthens Its Role as a Hub for Chinese Financial Firms Amid UK Bond Market Turmoil
British Finance Minister Rachel Reeves emphasized during her visit to Beijing that London is a “natural home” for Chinese financial services firms, providing a platform for capital raising and global expansion.
In a meeting with her Chinese counterpart, He Lifeng, Reeves highlighted opportunities to deepen collaboration between the two nations in capital markets, co-chairing the relaunch of UK-China financial services talks.
China’s Foreign Ministry announced that the discussions cover economic policy, trade, and investment,
asserting that enhanced cooperation between the two countries will support the global economy and boost confidence.

 

 

 

 

IMF Expects Global Growth Stability with Continued Decline in Inflation