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IMF chief says recession is not on the horizon despite tariff worries

  • IMF Chief Kristalina Georgieva stated that a recession is not expected, despite potential tariff impacts on growth, as reported on March 31.
  • Goldman Sachs estimates a 35 percent chance of a recession within a year due to the impact of tariffs, particularly on the automotive and oil industries.
  • The IMF is likely to lower its growth forecast slightly but maintains a positive overall outlook, emphasizing that uncertainty about tariffs poses risks to economic health.
  • Georgieva warned about the uncertainty from tariffs that may affect growth, stating, "the longer uncertainty persists... The more it may negatively impact growth".
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ceskenoviny.cz broke the news in on Monday, March 31, 2025.
Sources are mostly out of Singapore (1)

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