Live Update 
From the Liveblog of
Thursday, April 17, 2025
From the Liveblog of
Thursday, April 17, 2025
IMF chief says global economy likely to avoid recession despite Trump tariffs
WASHINGTON — The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump’s tariff rollout, the head of the International Monetary Fund says.
While trade disruptions will inevitably “incur costs,” the Fund now expects “notable” markdowns to growth but no recession, IMF Managing Director Kristalina Georgieva tells reporters in Washington, according to prepared remarks.
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