Download or read book World Economic Outlook, October 2023 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2023-10-10 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest World Economic Outlook reports signs that policy tightening is starting to cool activity despite core inflation proving persistent. Risks are more balanced as banking sector stress has receded, but they remain tilted to the downside. Monetary policy should stay the course to bring inflation to target, while fiscal consolidation is needed to tackle soaring debts. Structural reforms are crucial to revive medium-term growth prospects amid constrained policy space.