03-April-2025
Economy News
 
IMF's Georgieva Says Recession Is Not on the Horizon Despite Tariff Worries
01-Apr-2025

U.S. President Donald Trump's push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday. Georgieva, in her first major interview since Trump took office, underscored the challenges facing a global economy that is still posting underwhelming growth after scarring from the COVID pandemic, but cautioned against being overly alarmed.

News Source:- https://money.usnews.com/investing/news/articles/2025-03-31/imfs-georgieva-recession-not-on-the-horizon-despite-tariff-worries