IMF Managing Director Christine Lagarde said the global economy is not under threat of recession due to US tariffs actions on other countries. She told Reuters yesterday, “Decelerating growth, but growth nonetheless — 3.3 percent at the end of this year, and certainly a strong U.S. economy. We do not see at the moment, in our baseline, a recession.”
However, still, “one more tariff here, one more threat there, one more negotiation that has not yet started, add to a global uncertainty which is not conducive to additional growth,” she added.
