The IMF report states that these figures have been revised lower than those that were released in April of 2023, which indicated growth of 2.7% in 2024 and 4.2% in 2025...
According to Kazuo Ueda, the long period of nearly zero short-term interest rates in the Bank of Japan over the previous three decades makes it particularly difficult to determine a neutral interest rate...
IMF chief Kristalina Georgieva mentioned that the world economy has become more susceptible to shocks in recent years, citing the global pandemic in 2020 and the war in Ukraine...