International Monetary Fund Lowers US Economic Growth Forecast Due to Trade Tensions and Policy Uncertainty
The International Monetary Fund (IMF) has recently published a report significantly lowering its economic growth forecasts for the United States. The document notes that the main factors influencing this decision are rising trade tensions and uncertainty in economic policy. According to the latest data, the IMF now expects the US economy to grow by only 1.4% in 2023, which is 0.2% lower than the previous forecast.
Experts believe that the reasons for the lower forecast are linked to ongoing disputes over trade tariffs, as well as instability in fiscal policy. In recent months, the labor market situation has also raised concerns, given that the pace of job creation has slowed down.
Furthermore, the IMF points out that high interest rates implemented to combat inflation may negatively impact consumer spending. These factors, according to analysts, pose a risk to economic growth not only in the US but also in the global economy as a whole.
Economists emphasize that if trade tensions continue to escalate and if tax and public spending policies remain unpredictable, this could complicate the country's recovery from the pandemic. The IMF strongly urges US authorities to take steps to maintain stability and confidence in financial markets.
Thus, the IMF's lowering of its forecast serves as a warning not only for American officials but also for the global community about the need for vigilance and a proactive approach to economic issues.
