No global recession despite US tariffs, says IMF | BBC News

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Trade tariff uncertainty is "literally off the charts" but there will not be a global recession, the International Monetary Fund (IMF) has said. The international economic group said in its forecast for the world economy that global share prices have dropped "as trade tensions flared" and warned about an "erosion of trust" between countries. However, it stopped short of predicting a worldwide recession, saying "our new growth projections will include notable markdowns, but not recession". The

World economy likely to avoid recession despite tariffs: IMF chief https://www.channelnewsasia.com - 17.04.2025 22:04

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World economy likely to avoid recession despite tariffs: IMF chief https://www.channelnewsasia.com - 17.04.2025 22:04