Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Multilateral lender raises current fiscal GDP forecast to 6.6% but cuts next year to 6.2% amid tariffs</h1> A multilateral financial institution revised upward its GDP growth forecast for the current fiscal year for a major emerging economy to 6.6%, from 6.4%, citing stronger-than-expected first-quarter carryover that outweighs recently imposed foreign tariffs on the country's exports, but trimmed the next fiscal year's projection to 6.2%. The agency noted global growth downgrades driven by uncertainty and protectionism and provided lower medium-term forecasts for emerging markets. The revision follows a similar upward adjustment by another global lender and reflects the interaction between domestic economic momentum and external trade policy shocks.