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IMF Cuts Growth Forecast on Tariffs

New York, NY, USA
April 23, 2025 2 Negative General
IMF Cuts Growth Forecast on Tariffs

The IMF trimmed its 2025 global growth outlook to 2.2 percent, blaming U.S.–China tariff escalation and currency volatility. South Korea added evidence of slowdown, reporting exports down 5.2 percent in April’s first 20 days.

What this means for you:
Slower growth may lower fuel prices but threaten jobs in export-heavy sectors.
Shore up emergency savings and review emerging-market fund exposure to trade-sensitive regions.

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