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Global Growth Soars Despite Dire Predictions, IMF Stuns with Upgrade!

Despite economic challenges, the International Monetary Fund raised its global growth forecast slightly to 3.2% in 2024. The IMF notes the economy's resilience, with growth led by advanced economies. However, risks remain, including the downturn in China's economy and potential price spikes due to geopolitical concerns. Inflation is expected to continue falling, but the focus remains on ensuring a soft landing by balancing interest rate policies and fiscal consolidation.