Reported 17 days ago
In a discussion with Yahoo Finance, IMF chief economist Pierre Olivier Gourinchas revealed the 2026 World Economic Outlook, highlighting a dim growth forecast of 3.1%, influenced significantly by tariff policies. While tariffs have contributed to a modest global growth downgrade, Gourinchas noted that factors such as declines in tariffs, private sector adaptations, and non-trade related financial conditions have mitigated the situation somewhat. However, ongoing U.S.-China trade tensions pose risks that could further impact global economic stability.
Source: YAHOO