Summary: The IMF cut its 2025 global‑GDP forecast to 2.8 % (from 3.3 %) citing tariff uncertainty and tighter financial conditions; it warned recession odds have “meaningfully risen.”
Key Facts:
- U.S. projection: 1.8 % (‑0.9 pp).
- Said a full‑blown tariff shock could erase $1 tn in world output. Investopedia
Topic in Depth:
- Investopedia (Investopedia / Guardian live blog)

