Economic Buzz: IMF says global economy resilient, inflation trends show mixed picture

Julie Kozack, Director, Communications Department of the International Monetary Fund or IMF has stated that the global economy has shown resilience amid persistent uncertainty. We see global growth in the first half of the year having held steady, but we are starting to see signs of a slowdown globally, she noted. IMF also sees inflation being mixed globally. Some countries where headline inflation, particularly outturns fairly recently is showing some upward pressure. She noted that in the US, there is some evidence of pass-through of tariffs to prices and in core inflation. However, there are a few countries where inflation pressures are very muted, for example, in China and some countries in Asia.

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