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IMF Chief Sees Global Growth Slowing ‘Only Slightly’ in Face of Higher Tariffs

IMF forecasts global growth around 3% amid multiple shocks and trade uncertainties, warning that resilience has not yet been fully tested, with public debt rising worldwide.

  • The global economy is expected to grow by 3% this year, despite uncertainties surrounding tariffs imposed by President Donald Trump, according to Kristalina Georgieva from the International Monetary Fund .
  • Gold prices reached $4,000 an ounce, reflecting investor demand for safe havens amid geopolitical uncertainty, particularly due to tariffs affecting global trade, according to Georgieva.
  • Georgieva warns that global resilience may not last and emphasizes the need for improvements in areas like internal trade in Asia and competitiveness in Europe.
  • Georgieva noted that uncertainty has become the new normal.
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The global economy "generally resisted acute tensions" and is going out "better than expected, but not as much as necessary," said the Director-General of the International Monetary Fund.

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IBTimes broke the news in United States on Wednesday, October 8, 2025.
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