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IMF upgrades global growth forecast as tariffs ease

136d ago
Business
BBC Business
Business meeting
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.
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