Economists predict continued robust growth for the global economy through 2025, defying earlier expectations of a slowdown. The United States and India are anticipated to be key contributors to this acceleration, while the euro zone and China maintain steady growth trajectories. Despite the positive outlook, central banks face challenges in managing inflation and interest rates, with most expected to delay rate reductions due to persistent inflationary pressures. While the Fed may start cutting rates in September, the ECB and Bank of England are projected to follow suit in the coming quarters, reflecting a cautious approach to monetary policy adjustments amidst ongoing economic uncertainties.
Global Economy to Sustain Momentum Amid Optimistic Growth Forecasts
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