The U.S. economy has defied predictions of a recession and is on track to continue its world-beating streak of robust growth, according to new forecasts from the International Monetary Fund. Why it matters: The world faced a slew of shocks in recent years — pandemic,

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The U.S. economy will continue to provide most of the thrust for global growth through the balance of this year and in 2025, led by robust consumer spending that has held up through a wrenching bout of inflation and the high interest rates used to tame it,

The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflation without sending nations into recession.

The International Monetary Fund has upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China

The International Monetary Fund on Tuesday raised its forecast for British economic growth this year but said the country could not take its eye off rising public debt, as finance minister Rachel Reeves prepares her first annual budget.

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked