EMBARGO TO FRIDAY JAN 17 AT 9 A.M. ET The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

The U.S. economy will remain the world's growth powerhouse in 2025, International Monetary Fund economists anticipate, even as uncertainty around trade and immigration policies creates inflation risks.