The tariffs are slowing down economic activity, but causing less damage to inflation and employment than anticipated. The stock market is at record highs, and consumer spending and wages are rising
The most intensely affected sectors are hospitality, agriculture, construction and manufacturing, notes the Beige Book
The global organization calculates that public debt will skyrocket to up to 100% of the planet’s GDP, and advises countries with low tax revenues to raise them
The international organization notably scaled down its prediction for US growth and warned that ‘we are entering a new era’
The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time
Forecasts from major international organizations warn of the impact of the US president’s economic policies on the exchange of goods
The Argentine president is scheduled to meet with the head of the IMF to secure more funding, and hopes to meet with Donald Trump at the Conservative Political Action Conference
Major global players are devising their strategies in response to the protectionism policies promised by the Trump presidency
The international agency foresees high interest rates until the end of 2024 due to persistent inflation and a resilient economy