Business

US Economy Faces Sharp Slowdown, Warns IMF

Updated 2026-07-08 19:10 UTC 1 source Negative

The International Monetary Fund (IMF) warned of a sharp slowdown in the global economy. Growth is projected to decline from 3.5% in 2025 to 3% for 2026 before recovering slightly.

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The Hill
The global economy is on track for a sharp downward trajectory, the International Monetary Fund (IMF) warned on Wednesday. Global growth is projected to decline from 3.5 percent in 2025 to 3 percent for 2026 before climbing back up to 3.4 percent for 2027, according to a July update in the organiza
2026-07-08 18:58 UTC
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