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The Latest Breaking News from PierreOlivier Gourinchas

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

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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

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

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Reeves flies to US to push Trump to sign trade agreement

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

The Guardian - UK

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…

The National (Scotland)

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.

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.

International Business Times

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

The Independent UK

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.

Evening Standard

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.

AAP

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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.

The Guardian - UK

IMF upgrades UK growth forecast and takes swipe at Trump plans

UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy

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Reason

Increase in Tariffs Would Trigger Global Economic Decline, Study Finds

A new IMF study finds that a global increase in tariffs could decrease global GDP by nearly 1 percent by 2025 and over 1 percent by 2026.

AAP

Australia facing further economic troubles

Australia is facing ongoing economic challenges as Labor holds out hope interest rates will come down before the federal election.

International Business Times

IMF Predicts Slightly Slower Global Growth In 2024 And 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked "important" regional and sectoral shifts.

The Guardian - UK

IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%

The Guardian - UK

While the IMF is upbeat about global growth it knows where dangers lurk

Optimistic forecasts could be upset by high borrowing costs, war in the Middle East – or a Trump election win

Evening Standard

IMF upgrades UK economic growth as elections drive global uncertainty

It came as the financial agency held its forecasts for the global economy steady for 2024, with a slight downgrade for next year.

The Guardian - UK

IMF warns markets are underestimating geopolitical risks; UK faces a ‘narrow path’ on debt reduction – as it happened

IMF predicts UK will grow by 1.1% this year, making it the joint third-fastest G7 country, but debt consolidation will be a challenge

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