IMF Downgrades Global Growth Forecast For 2025 Amid Escalating Trade Tensions
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IMF Downgrades Global Growth Forecast For 2025 Amid Escalating Trade Tensions
The International Monetary Fund (IMF) has lowered its global growth forecast for 2025, citing rising trade barriers and mounting policy uncertainty as major threats to the world economy. Speaking to the media on Tuesday, IMF Chief Economist Pierre-Olivier Gourinchas warned that the recent surge in tariffs represents a “major negative shock” to global trade. He emphasized that the “unpredictability” with which these trade measures have been intro…
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