The IMF sees a soft landing for the global economy this year and next, but it warns that elections introduce a 'high' level of uncertainty to that outlook due to potential changes in trade and fiscal policy.

The International Monetary Fund slightly lowered its global economic outlook for 2025 and kept its 2024 projection unchanged from its July estimates, masking numerous under-the-hood revisions. While inflation has cooled,

The IMF expects the U.S. economy — the world’s largest — to expand 2.8% this year, down slightly from 2.9% in 2023 but an improvement on the 2.6% it had forecast for 2024 back in July. Growth in the United States has been led by strong consumer spending, fueled by healthy gains in inflation-adjusted wages.