IMF warns of possible persistence of inflation but maintains growth projections for 2024 at 3.2%
BancaMarch: The IMF warns of the possible persistence of inflation, in the face of potential trade and geopolitical risks and service prices that remain high due to wage growth. The IMF’s report forecasts high interest rates for longer. Moreover, chief economist Gourinchas said that the Fed can afford to wait to cut rates to avoid inflationary surprises. Regarding their GDP growth projections, they have kept the previous April estimate for…