In a surprising move, the International Monetary Fund (IMF) has raised its global growth forecast for 2025. The new estimate now stands at 3%, up from the earlier projection of 2.8%. The upward revision comes despite ongoing geopolitical turmoil and U.S. tariff threats under Donald Trump. So, what changed? Traders front-loaded imports to avoid higher tariffs. Trump delayed new tariff hikes, easing market fears. A weaker U.S. dollar improved financial conditions globally. India’s own growth forecast has also been bumped up—from 6.2% to 6.4%. But risks remain. The IMF warns that renewed trade protectionism, inflation, and global conflicts could derail the recovery. For now, though, the world economy appears to be holding steady.See More
