IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
Headline from Courthouse News Service
Big tax cuts could overheat the U.S. economy and inflation. Likewise, hefty tariffs on foreign products could at least temporarily push up prices.
Courthouse News Service's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
India and China will continue to drive global economic growth in the next two years, while the United States could also benefit from a more neoliberal approach by the new administration. But Germany is lagging behind.
WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S.
