# The head of the International Monetary Fund says the global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump’s tariff rollout. The stop-start US tariff plans have fueled levels of market volatility unseen since the Covid-19 pandemic, and most economists expect the imposition of new import levies will stifle growth and push up inflation, at least in the short term. IMF Managing Director Kristalina Georgieva says the Fund now expects “notable” markdowns to growth but no recession.
IMF head does not expect recession despite Trump’s tariffs