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The International Monetary Fund on Tuesday raised its global growth forecasts for 2025 and 2026 slightly, citing stronger-than-expected purchases ahead of an August 1 jump in U.S. tariffs and a drop ...
The downgrade to the US growth forecast was due to greater policy uncertainty, trade tensions and slower than expected consumer spending, the IMF said. Tariffs are also expected to hit growth in 2026.
The IMF is delivering stark warnings about the damaging impact of tariffs and other US actions on the global economy and financial markets. But it may be too little too late to avoid a financial ...
IN 1931, Austria’s Credit-Anstalt – the nation’s largest bank – collapsed, not from bad loans but from political ...
The forecast includes tariff announcements between February 1 and April 4 by the U.S. and countermeasures by other countries, the IMF said.
Economic growth in the U.S. is forecast to slow to 1.8% in 2025, ninety basis points lower than the IMF’s prediction from January. Global growth is expected to fall to 2.8% in 2025 and 3% in … ...
Uncertainty about tariffs could also undermine consumer and business confidence, increase financial market volatility and lead to persistent appreciations of the U.S. dollar, the IMF report said.
In its world economic outlook, the IMF lifted its U.S. growth estimate for 2025 to 1.9% and the 2026 forecast to 2%. That’s an increase of one-tenth of a percent this year and three-tenths of a ...
The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April in part due to some US tariffs on goods being softened. A surge in US imports as firms ...
The comments from IMF managing director Kristalina Georgieva came as she previewed an IMF World Economic Outlook due out next week that will account for the impact of Trump's tariffs.
IMF chief economist Pierre-Olivier Gourinchas said the probability of a recession in the US was now 40 percent, as compared to 25 percent in its previous report.
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund. The IMF’s Managing ...