Reported 1 day ago
The International Monetary Fund (IMF) announced that its upcoming global growth forecast in July will consider recent trade developments, both positive and negative, but will not predict a similar GDP downgrade as the World Bank. IMF spokesperson Julie Kozack highlighted beneficial changes, such as recent tariff reductions between the U.S. and China, while also acknowledging ongoing uncertainties in trade negotiations. The IMF's next World Economic Outlook will be updated by the end of July, and the economic landscape remains complex with mixed indicators affecting growth expectations.
Source: YAHOO