With the gradual cooling of wages and energy prices expected to decline in 2025, headline inflation will continue to decelerate, the International Monetary Fund (IMF) has said.

The IMF Managing Director, Kristalina Georgieva, stated this in her remarks at the first meeting of the G20 finance ministers and central bank governors in Cape Town, South Africa.

Georgieva was optimistic that the trajectory towards central bank targets would be met. However, she observed that uncertainty concerning economic policies is high, adding: “Governments around the world are shifting policy priorities. There are significant policy changes in the United States, in areas such as trade policy, taxation, public spending, immigration, and deregulation, with implications for the U.S. economy and the rest of the world. Governments in other countries are also adjusting their policies. The combined impacts of possible policy changes are complex and still difficult to assess but will come into clearer view in the months ahead.”
https://guardian.ng/business-services/business/imf-projects-steady-reduction-in-energy-prices-inflation/