The Organisation for Economic Co-operation and Development upgraded its global economic growth forecast on Tuesday, with many economies appearing more resilient than expected so far this year.
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The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected with central banks’ targets, the OECD said on Thursday, upgrading its outlook.
The International Monetary Fund upgraded its global growth forecast for 2024 by 0.2 percentage points, to 3.1%.
The International Monetary Fund raised its U.S. growth projection for this year by 0.3 percentage points compared with its July update, to 2.1%.
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