Economic Buzz: IMF lifts global growth forecast, raises 2027 US projection to 2.3%

The International Monetary Fund (IMF) raised its global economic growth forecast for 2026 by 0.1 percentage point to 3.1%, citing resilience despite elevated energy costs and other economic shocks. The Fund maintained its 2027 global growth projection at 3.4%. For the US, the 2026 forecast remained unchanged, while the 2027 growth outlook was upgraded to 2.3%, signalling stronger expected momentum in the world?s largest economy.

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