IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

Lim Hui Jie - CNBC - 03:46
On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."
A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025.
Jim Watson | AFP | Getty Images

The International Monetary Fund on Tuesday downgraded its growth forecasts for major Asian economies in 2025, citing trade tensions and "high policy uncertainty."

The IMF slashed it...
[Short citation of 8% of the original article]