IMF warns of new economic era – scraps forecast

An 80-year-old global economic system is currently being shattered, according to the International Monetary Fund. “The world is entering a new era,” the fund’s economists write in their new World Economic Outlook report – and scrap the forecast for 2025–2026.

The chief economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinsas, in an interview with the French newspaper Le Monde, referred to the agency's economic forecasts for a slowdown in global economic growth... IMF: Chief economist Guérence underlines the need redesigning the global trading system - NAUTEBORIKI

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IMF | The Global Economy Enters a New Era | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources The Global Economy Enters a New Era

Amid trade tensions and high policy uncertainty, the path forward will be determined by how challenges are confronted and opportunities embraced Blog post by Pierre-Olivier Gourinchas | The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to emerge. Since late January, a flurry of tariff announcements by th…

At a press conference held on Tuesday, 22 April, the International Monetary Fund (IMF) presented its latest growth forecasts and its assessment of the world economy, highlighting a shift towards a new economic era. Pierre-Olivier Gurinchas, Chief Economist and Director of the IMF's Research Department, made a worrying observation: since the end of January, the world economy has been facing a series of increasing trade shocks and uncertainties. A…