Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
On April 17, 2025, the woman passed past the International Monetary Fund on the eve of the World Bank in Washington.
Jim Watson | AFP | Gets the image
Tariffs create the main winds for the US and the world economy leading the International Monetary Fund to reduce the 2025 growth forecast.
The release of President Donald Trump on April 2 “mutual” tariffs not only shocked the stock – S&P 500 Since the launch of the levies decreased by 9%, but they have also taken measures from other trading partners.
“This is itself a major negative shock for growth,” the IMF said in a summons of the world economic worldview on April 2025.
This new forecast includes “reference” for global economic growth and inflation based on data available as of April 4 – including “mutual” tariffs, but except for the following events such as 90-day pause at higher tariffs and Release on smartphones – and updates the earlier forecasts of the IMF, which shared in January.
In its new IMF forecasts now requires the prospects for the US by 1.8% in 2025, which is 0.9 percentage points from the January forecast.
The IMF also reduced its global growth outlook to 2.8% in 2025, 0.5 percent of the previous estimate.
“The proclamation of the rose of the garden on April 2 forced us to speak with our Amal forecasts at this point-and compressed the production cycle, which usually takes more than two months in less than 10 days,” wrote Chief Economist Pierre-Oliwer Gurinchi in April.
“The general noun … is that tariffs are a negative shock for the economy that imposes them,” he said.
Higher inflation forecasts for developed economies
The IMF also revised its expectations for headlines for progressed economies, which include the United States, the United Kingdom and Canada, up to 2.5% in 2025, which reflects an increase of 0.4 percent of the January projection.
The inflation forecast in the US was also revised above 1 percentage from January, where it was estimated above 2% range.
“For the United States, this reflects the stubborn dynamics of prices in the service sector, as well as a recent device in growth in the cost of basic goods (except food and energy) and shock supply from recent tariffs,” the IMF said in its April report.
Increasing inflation for large economies was offset by revision of declines in certain developing and developing economies.
To what extent, to which the assembly of the pressure on the efforts of the central banks to reduce inflation, depending on whether the tariffs are temporary and permanent, ”the IMF report said.
Previous market instability steps have led to strengthening the US dollar compared to other countries, creating inflation pressure in other countries. However, the dollar changed this trend amid a recent market sale.
“The impact of tariffs on the exchange rates is not simple,” Gurinhas. “In the medium term, the dollar can be depreciated in real terms if tariffs are transferred to less productivity in the US sector compared to trading partners.”
Get a ticket to Pro Live
Join us on the New York Stock Exchange!
Uncertain markets? Get the advantage of CNBC Pro LiveExclusive, introductory event on the historical New York Stock Exchange. In today’s dynamic financial landscape, access to expert ideas is of paramount importance. As a CNBC Pro subscriber, We invite you join us for our The first exclusive, personal CNBC Pro Live event on the iconic NYSE on Thursday, June 12.
Join Carter is worth, and Nils, and Dan Jes, With a special edition Pro Talks of Tom Lee. You will also have the opportunity to connect with CNBC experts, talents and other Pro PRO during an exciting cocktail on the legendary trading site. Tickets are limited!
