IMF Forecasts Soft Landing for Global Economy But Warns of Persistent Weak Growth and Inflation Risks
- IMF sees better odds of a 'soft landing' for global economy but warns growth remains weak
- Upgrades US growth forecasts; downgrades Europe and China
- Expects inflation to keep falling but not reach central bank targets until 2025
- Warns commodity price volatility poses risks to inflation outlook
- Cautions high inflation could become self-fulfilling if expectations rise