IMF Chief Economist: Lower Inflation Could Be a Boon for Risky Assets Like Cryptocurrencies

Pierre-Olivier Gourinchas, Chief Economist of the International Monetary Fund, stated in a statement on October 22 that global inflation is expected to drop to 3.5% by the end of 2025, largely due to the resilience of the global economy. Reducing inflation will bring a range of benefits, such as lowering the cost of living and lowering interest rates, which could be a boon for risky assets such as cryptocurrencies.