News in Review Wednesday 30th October 2024 - HCR IFA
News in Review Wednesday 30th October 2024

News in Review Wednesday 30th October 2024

The International Monetary Fund’s (IMF’s) new World Economic Outlook entitled ‘Policy Pivot, Rising Threats,’ outlines global growth expectations of 3.2% in both 2024 and 2025. The international soothsayer predicts that rate cuts are ‘poised’ to continue, inflationary pressures will ease, growth will be modest, while geopolitical risks ‘remain threats to global stability and growth.’