IMF slashes global growth forecast amid Trump tariffs, warns of rising financial stability risks

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WASHINGTON, April 23 — The International Monetary Fund yesterday slashed its forecast for global growth this year and wa...

Given the stop-start nature to Trump’s tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration’s latest salvos, which have hiked the level of new levies against China to 145 per cent.

It expects tariffs will cause a broader increase in global prices, slightly raising its outlook for world consumer prices to 4.3 per cent for 2025, and to 3.6 per cent in 2026.

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Category: EconomyBusiness

Markets: MalaysiaCanadaChinaFranceGermanyItalyJapanMexicoSpainUnited States

Topics: Trump tariffs International Monetary Fund US Global growth White House

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 10:57:34 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 693 words

Reading Time: 4 minutes read

Sentences: 25 lines

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Copyright Owner: © Malay Mail

News ID: 28164286

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