 IMF lowers global economic growth forecast |
The IMF attributed the downgraded forecast to heightened policy uncertainty, especially in trade, which is weakening global demand.
IMF Chief Economist Pierre-Olivier Gourinchas said that uncertainty surrounding trade and broader policy issues remains a significant drag on global economic activity.
He emphasized that reducing trade policy uncertainty—particularly that stemming from US President Trump’s tariff measures—should be a top priority to help stimulate growth.
