IMF lifts 2025 growth forecast on ‘fragile’ easing in trade tensions

The IMF has raised its global growth forecast for 2025 to 3.0%, citing increased trade activity amid reduced tariff tensions from the Trump administration, though cautions about a potential slowdown in the latter half of the year. Additionally, US growth for 2025 was slightly revised up to 1.9%, while China’s growth was adjusted to 4.8%, reflecting stronger-than-expected performance despite ongoing domestic challenges.

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