Posted 1/2/2024, 6:00:00 PM
IMF Chief Optimistic of US Soft Landing As Inflation Cools, But Warns of Global Growth Risks
- IMF Chief says US is headed for a soft landing thanks to Fed's "decisiveness" on inflation
- Cooling inflation and job market have raised hopes that a US recession can be avoided
- Fed may start cutting rates as soon as March according to Bloomberg Economics
- IMF warns economic fragmentation could sacrifice up to 7% of global GDP
- Access to critical minerals for green tech could be impacted by US-China rivalry