WASHINGTON (AP) — The International Monetary Fund is upgrading the economic outlook for the United States and the world this year and next because President Donald Trump’s protectionist trade policies have so far proven less damaging than expected. The IMF now forecasts 3% growth for the global economy this year. That is down from 3.3% in 2024 but an improvement …
Read More »
Tom Espiner Business reporter, BBC News Getty Images 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 tried to beat impending higher import taxes and actions by some governments to boost growth bumped up its …
Read More »IMF nudges up 2025 growth forecast but says tariff risks still dog outlook Reuters I.M.F. Raises Global Growth Outlook as U.S. Eases Some Tariffs The New York Times World Economic Outlook Update, July 2025: Global Economy: Tenuous Resilience amid Persistent Uncertainty International Monetary Fund The better-than-feared global economy Axios IMF warns on risks to global economy amid tariff trade shock – as it happened The …
Read More »
Global growth will be stronger than previously expected this year after Donald Trump scaled back his most extreme tariff threats, the International Monetary Fund said as it upgraded the economic outlook for 2025. The Washington-based organisation said a “de-escalation in tariffs” by the White House spurred a recovery in global trade and a broader economic expansion, though US policies remain …
Read More »
The world is losing faith in the dollar, and the U.S. could suffer a financial crisis next year, according to Desmond Lachman, a former deputy director of the International Monetary Fund’s Policy Development and Review Department. In a Project Syndicate column on Monday, he noted that the U.S. fiscal situation was already shaky before President Donald Trump began his second …
Read More »