Economy News Surprising U S Economy Is Powering Better Global Outlook, World Bank Says

IMF more upbeat about US growth than just months ago, but outlook is dimmer than last year

The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary ... Read More

IMF projects stronger-than-expected global economy

The IMF projected the U.S. economy will grow 2% in 2025 and 2.1% in 2026, a drop from 2.8% in 2024, while inflation was revised upward. A shrinking U.S. labor market, partly due to a 1.1 million ... Read More

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that ... Read More

Global Economic Outlook Shows Modest Change Amid Policy Shifts and Complex Forces

Dialing down uncertainty, reducing vulnerabilities, and investing in innovation, can help deliver durable economic gains ... Read More

Trade Tensions Weigh on IMF’s Outlook for Global Economy

The lender expects world growth to slow to 2.6% this year from 3.6% last year, while it upgraded its U.S. outlook. Read More

Global economy shrugs off Trump’s tariffs, at least for now, IMF says

The International Monetary Fund says the global economy is performing better than expected despite Trump’s tariffs, but future growth prospects are at risk. Read More

IMF chief says global economy doing 'better than feared,' downside risks dominate

The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight slowing ... Read More

U.S. economy expanded at a surprising 3.8% pace in significant upgrade of 2nd quarter growth

WASHINGTON — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of ... Read More

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

WASHINGTON — The U.S. economy expanded at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S. gross ... Read More