IMF warns Trump economic policy threatens global disruption

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IMF warns Trump economic policy threatens global disruption - BBC Business

Quick Summary:

Its 2025 forecast was largely unchanged from a previous one, mainly because it expects higher US growth than previously predicted to offset lower growth in other major economies.

It warns that an inflationary US boom could be followed by a possible bust that would potentially "weaken the role of US Treasuries as the global safe asset".

Although tariffs, tax cuts and deregulation could boost the US economy in the short term, it could set the scene for an inflationary boom followed by a bust, it said.