The IMF Believes That We've Seen the Peak in Inflation

The IMF believes that we've seen the peak in of inflation. We haven't quite yet seen core inflation picking, but indicators are that inflation is trending downwards. This year is going to be difficult. Growth will slow further. But they are signs of resilience. And we see labor markets in the United States, in Europe, holding,. Consumers spending, and a chance for the Chinese economy to bottom out. If all this holds we might see a progress in bottoming out of growth towards the end of the year.