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The Latest Breaking News from PierreOlivier Gourinchas

'Pretty severe': warnings for Australia ahead of budget

One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.

AAP

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loser

The Guardian - UK

IMF slashes UK growth forecast as Britain's economy faces biggest shock of G7 nations due to Iran war

Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook

Evening Standard

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UK economy faces hardest hit of G7 from Iran war says IMF as growth forecast cut

Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook.

The Independent UK

Iran war escalation could trigger global recession, IMF warns

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7

The Guardian - UK

IMF says Iran war "halted" global economic momentum, expects hotter inflation

The conflict upended what was shaping up to be a solid year for the global economy.

Axios

IMF warns ‘unprecedented’ energy crisis could trigger global recession as Australia prepares for Washington talks

As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026

The Guardian - AU

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Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday

The Independent UK

The global economy is still on a path to slower growth, IMF says

The IMF projects the global economy will grow by 3.2% this year and 3.1% in 2026.

Axios

UK faces highest inflation in G7 this year and next, IMF warns

According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026

The Guardian - UK

Europe's Economic Integration 'Insufficient': IMF Chief Economist

The EU's attempts to integrate the economies of its 27 member states have been insufficient to boost lackluster growth, the IMF's chief economist said in an interview.

International Business Times

IMF Raises 2025 Global Growth Forecast On 'Modest' US Trade Shock

The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.

International Business Times

IMF upgrades US growth outlook as Trump's tariffs cause less disruption than expected

The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging

The Independent UK

IMF Lifts 2025 Growth Forecast On 'Fragile' Easing In Trade Tensions

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats.

International Business Times

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The Guardian - UK

IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks

Despite reduced tensions and EU trade deal, US policies are ‘highly uncertain’, says Washington-based organisation

The Guardian - UK

Reeves flies to US to push Trump to sign trade agreement

Chancellor hopes to persuade Trump to cut tariffs on Britain’s exports

The National (Scotland)

Global growth forecasts slashed in fallout from Donald Trump tariffs, IMF warns

US tariffs leading to global trade disruption and unprecedented uncertainty is set to significantly slow growth in economies around the world, the…

International Business Times

IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

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International Business Times

World Could Boost Growth By Reducing Trade Doubt: IMF Chief Economist

Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.

The Independent UK

US, global economic outlook worsens in the face of Trump's tariffs, IMF says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

Evening Standard

Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

AAP

Australia warned to get productive or be left behind

Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.

International Business Times

IMF Raises Global Growth Outlook And Flags Rising Economic Divergence

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

The Independent UK

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year

International Business Times

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

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