Four big themes as IMF takes aim at UK growth and inflation
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Six months ago the International Monetary Fund (IMF) warned that the world economy was heading for a serious slowdown, in the face of Donald Trump's tariffs. It slashed its forecasts for economic growth both in the US and predicted that global economic growth would slow to 2.8% this year. Today the Fund has resurfaced with a markedly different message. It upgraded growth in both the US and elsewhere. Global economic growth this year will actually be 3.2%, it added. So, has the Fund conceded
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