The IMF has slightly raised its global growth forecasts for 2025 to 3% and 2026 to 3.1%, attributing this to strong pre-tariff purchases and a reduced US effective tariff rate; however, it warns of major risks including potential tariff rebounds and geopolitical tensions. Despite resilience in the global economy, concerns remain about the impact of high tariffs on growth and inflation, with the US expected to see growth of 1.9% in 2025.
