The International Monetary Fund (IMF) expects global economic growth to slow down “only slightly” in 2025 and 2026, according to a statement made on Wednesday.
“All indications suggest that the world economy has generally withstood the severe pressures from multiple shocks,” she stated during a speech. She detailed that medium-term global economic growth is estimated at 3%, lower than the pre-pandemic rate of 3.7%. Discussing the current global situation, she mentioned that “uncertainty is the new normal and will persist,” further adding that uncertainty continues to rise.
Regarding tariffs, the IMF head commented that so far, the world has successfully avoided tit-for-tat trade wars. She said: “The U.S. trade-weighted tariff rate has decreased from 23% in April to the current 17.5%.”
