This event is archived. Final snapshot from when the story concluded. View on Dashboard
International economic forecast

IMF Slashes Global Growth Forecasts

Analysis based on 9 articles · First reported Apr 22, 2025 · Last updated Apr 22, 2025

Sentiment
-80
Attention
8
Articles
9
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The International Monetary Fund's slashed global growth forecasts, driven by Donald Trump's tariffs, signal a significant negative impact on financial markets. Increased policy uncertainty and trade tensions are expected to lead to slower economic activity, higher inflation, and heightened financial stability risks globally, affecting stock and bond prices.

International Trade Financial Services Manufacturing

The International Monetary Fund (IMF) has significantly downgraded its global economic growth forecasts for 2025 and 2026, primarily attributing the slowdown to the new tariff policies implemented by United States President Donald Trump. The IMF now projects global growth at 2.8% for 2025 and 3.0% for 2026, a substantial reduction from previous estimates. This 'new era' of trade policy is causing increased uncertainty and is expected to act as a supply shock in the United States, leading to reduced productivity, output, and higher inflation. Major United States trading partners, including China, Mexico, and Canada, are projected to be negatively impacted, with China's growth slowing and Mexico's economy expected to contract. European economies, such as Germany, France, the United Kingdom, and Italy, also face pared-back growth outlooks. The IMF warns of increased global financial stability risks due to tighter financial conditions and trade policy uncertainty, urging countries to negotiate clear and predictable trade rules to improve growth prospects.

100 International Monetary Fund slashed forecast
95 Donald Trump announced tariffs United States
85 International Monetary Fund hiked inflation forecast United States
80 International Monetary Fund projected slowdown China
60 International Monetary Fund projected contraction Mexico
55 International Monetary Fund reduced outlook Canada
50 International Monetary Fund downgraded outlook Japan
45 International Monetary Fund projected no growth Germany
cnt
Japan's economic growth forecast was cut, reflecting the broader negative impact of global trade tensions.
Importance 50.0 Sentiment -40.0
alliance
The Eurozone's growth outlook was cut, with most European countries expected to experience a drag on growth due to tariffs.
Importance 50.0 Sentiment -45.0
cnt
Italy's growth outlook has been pared back due to the broader economic slowdown caused by tariffs.
Importance 35.0 Sentiment -40.0
per
Pierre-Olivier Gourinchas, chief economist at the International Monetary Fund, provided commentary on the global economic outlook, emphasizing the 'new era' of trade relations.
Importance 20.0 Sentiment 0.0
stock
Economists at JPMorgan Chase have increased their odds of a United States recession to 60%, aligning with the International Monetary Fund's concerns.
Importance 10.0 Sentiment 0.0
cnt
Spain was a rare bright spot, with its growth forecast raised, contrasting with the general slowdown in Europe.
Importance 10.0 Sentiment 20.0
cnt
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
alliance
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
per
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
cbnk
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
+ 1 more entities View on Dashboard
Japan related Eurozone
Japan related Italy
Japan related JPMorgan Chase
Japan related Spain
Japan related Germany
Japan related Mexico
Japan strategic rival China Japan considers China its greatest strategic challenge, countering Beijing's military assertiveness and economic coercio
Eurozone related JPMorgan Chase
Eurozone related Germany
Eurozone related China
Italy allies Spain Italy views Spain as a key regional peer and NATO ally with highly aligned security interests. Both nations have recentl
Italy allies Germany Italy considers Germany a crucial economic partner and core political ally within the European Union and NATO. Italy rel
Italy related Mexico
+ 14 more relationships View on Dashboard
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.