June 9, 2025

IMF Cuts Global Growth Forecasts as US Tariffs Lead to Significant Economic Downgrade

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The International Monetary Fund (IMF) has revised its global economic growth forecasts for 2025, projecting an increase of just 2.8%, down from a previous estimate of 3.3%. This downgrade is primarily attributed to rising tariffs and heightened uncertainty in international trade, which are expected to significantly slow economic activity. Among advanced economies, the United States

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