April 2025 — The International Monetary Fund (IMF) projects global inflation to climb to 4.3% in 2025, before easing to 3.6% in 2026, according to its latest World Economic Outlook.
Developed economies are expected to face upward revisions in inflation forecasts, reflecting mounting price pressures beyond earlier estimates.
In the United States, inflation is predicted to increase by one percentage point, driven by domestic demand and labor market dynamics—not just tariffs. Meanwhile, the U.S. dollar is depreciating in a controlled and orderly fashion, avoiding disruptions in global currency markets.
The Federal Reserve is urged to remain vigilant, as the IMF warns that unanchored inflation expectations could push wages higher and challenge economic stability.