Macro Analysis /
United States of AmericaUS economy: IMF warns over inflation risks but economy to avoid recession
IMF revises downward its forecast for US real GDP growth this year to 2.9% from 3.7% in April
But the IMF still expects the US to avoid recession narrowly, with growth falling to 1.7% in 2023 and 0.8% in 2024
However after the broad-based inflation surge, IMF warns price stability will require much higher interest rates
Stuart Culverhouse
Chief Economist & Head of Fixed Income Research @ Tellimer Research
28 June 2022
Published byTellimer Research
