Bloomberg: 'Global Economic Growth to Slow Sharply in 2023, IMF Warns' The International Monetary Fund (IMF) has issued a stark warning about the state of the global economy, predicting a sharp slowdown in growth for 2023. According to the IMF's latest forecast, the global economy is expected to expand by just 2.7% this year, a significant decline from the 3.4% growth rate seen in 2022. The warning comes as many countries struggle with high inflation, rising interest rates, and ongoing supply chain disruptions. As the global economy teeters on the brink of a recession, policymakers will be closely watching the IMF's forecast to inform their decisions on monetary policy and economic stimulus.
New York Lawmaker Seeks SALT Expansion If House Pursues Tax Bill