IMF outlook worsens for a world economy left ‘limping’ by shocks like Russia’s war

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This is a carousel. Use Next and Previous buttons to navigate WASHINGTON (AP) — The world economy is losing momentum in the face of higher interest rates, the ongoing war in Ukraine and widening geopolitical rifts, the International Monetary Fund warned Tuesday. The IMF said it expects global economic growth to slow to 2.9% in 2024 from an expected 3% this year. The forecast for next year is down a notch from the 3% it predicted back in July. The deceleration comes at a time when the world has yet to fully mend from a devastating but short-lived COVID-19 recession...