This Week In The Economy: IMF Warns of Rising Threats To Global Economy, Fed Survey Warns of Flat Economic Activity, Mixed Housing Market Activity, Rise In German Business Sentiment

Welcome to a regular snapshot review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

IMF Warns Of Weakening Economic Growth Prospects, Rising Threats

The International Monetary Fund this week released its fall ‘’ report, in which it urged policymakers to switch focus from the inflation fight to girding against looming threats from wars, tariffs, and borrowing costs that are elevated for too long.

Global economic growth is projected to hold steady at 3.2% in 2024 and 2025.