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global economic growthABC News
•77% Informative
IMF: World appears headed for a “soft landing” — reining in inflation without much economic pain.
The IMF now envisions 3.2% worldwide expansion this year , up a tick from the 3.1% it had predicted in January .
It foresees a third straight year of growth in 2025 .
The global expansion is being powered by unexpectedly strong growth in the United States .
The IMF foresees a steady but slow acceleration of growth in sub-Saharan Africa — from 3.4% last year to 3.8% in 2024 to 4.1% next year . In Latin America , the economies of Brazil and Mexico are expected to decelerate through 2025 . Brazil is likely to be hobbled by interest high rates and Mexico by government budget cuts..
VR Score
89
Informative language
96
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32
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