Nearly every single person across the world has had to deal with inflation in their day to day lives. It has resulted in a severe cooling of the global economy, leading to currency crises in many major nations with even the Eurozone not being immune to its ill effects. In spite of the fact that this is the case, the IMF has just published some heartening news.
It turns out that the global economic forecast for 2023 is not as bad as many might’ve been fearing. According to the IMF’s latest iteration of World Economic Outlook, inflation seems like it is winding down and that could help the world’s economy to get back to normal faster than might have been the case otherwise.
With all of that having been said and now out of the way, it is important to note that cooling inflation still doesn’t mean that things are going to get better overnight. There will still be an economic slowdown, with global GDP…