World Faces ‘Significant Slowdown’ From US Tariffs, IMF Says

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World Faces ‘Significant Slowdown’ From US Tariffs, IMF Says - Asia Financial

Quick Summary:

International Monetary Fund says Trump's tariffs were "a major negative shock" for the global economy and most economies will see slower growth in the near-term

The post World Faces ‘Significant Slowdown’ From US Tariffs, IMF Says appeared first on Asia Financial.

He said the IMF was now projecting US headline inflation to reach 3% in 2025, one percentage point higher than it forecast in January, due to tariffs and underlying strength in services.