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IMF lifts its outlook for global economic growth

# The International Monetary Fund lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump’s tariff policies while warning of risks ahead. In its flagship World Economic Outlook report, compiled before the most recent US-China tariff spat, the IMF hiked its 2025 global growth forecast to 3.2-percent, up from 3-percent in July, while leaving its prediction for 2026 unchanged at 3.1-percent. The global inflation rate is expected to remain elevated at 4.2-percent this year, and 3.7-percent in 2026.