Pierre-Olivier Gourinchas

US Economy Cools Down, Europe Heats Up: International Monetary Fund Flags Sticky Inflation, Worrisome National Debt

IMF revises US economic growth projections for 2024 to 2.6%, due to slower start to the year and cooling labor market. GDP to slow in 2025.

AI Growth, Lower Interest Rates Foil Recession Threats In 2024, Says IMF

Fears of a severe economic downturn are fading as economic growth continues to outpace expectations. The U.S. economy is likely to grow by 2.1% in 2024 says International Monetary Fund.