IMF upgrades global growth forecast as tariffs ease
136d ago
Business
BBC Business

The International Monetary Fund (IMF) has revised its global growth forecast upwards, citing a reduction in tariffs implemented since April. This easing of trade tensions, particularly those initiated by the Trump administration, is expected to stimulate economic activity and contribute to a more robust global outlook. The IMF's updated projections reflect a more optimistic view of international trade and its positive impact on economic expansion. However, the report also cautions that unforeseen geopolitical events or a resurgence of protectionist policies could still pose risks to global growth.