Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, according to the @imf's World Economic Outlook. CNBC's Karen Tso reports from the IMF Annual Meetings in Washington, D.C.
Global inflation is set to drop to 3.5% bey the end of 2025, down from a peak of 9.4% in 2022, while growth is forecast at a steady 3.2% for 2024 and 2025.
However, there are still challenges ahead for the global economy, including ongoing global conflicts and a greater risk to commodity prices.
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