IMF upgrades global growth forecast as tariffs ease
Source: BBC
The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April in part due to some US tariffs on goods being softened.A surge in US imports as firms tried to beat impending higher import taxes and actions by some governments to boost growth bumped up its latest forecast.However, higher tariffs and more uncertainty could lead to weaker growth and slower economic…
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