IMF Slashes Global Growth Outlook On Impact Of US Tariffs

Source: International Business Times

International Monetary Fund chief economist Pierre-Olivier Gourinchas, seen in October 2024, said the risks to the global economy have increased AFP The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy. The IMF's projections, which incorporate some but not all tariff measures introduced this year, see the global economy growing by 2. 8 percent this year, 0.