Trump 2.0 boosts economic uncertainty, IMF warns
Latest World Economic Outlook update notes US policy on tariffs, immigration will have unpredictable effects
19 January 2025 - 07:28
The International Monetary Fund is predicting lower global headline inflation this year and next, but warns that the policy plans of the incoming Donald Trump administration herald greatly increased uncertainty.
“If the adverse effects of tariffs and reduction in the labour force dominate, global activity as well as activity in the US might be affected negatively in the medium term,” the IMF said in its January World Economic Update released on Friday...
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