An unexpectedly sturdy world economy is likely to shrug off President Donald Trump's protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence in North America and Asia, the International Monetary Fund said in a report out Monday.
The 191-nation lending organization expects that global growth will hold steady at 3.3% this year, up from the 3.1% it had forecast for 2026 back in October. This would be the same pace of growth as in 2025.
The fund forecast 2027 growth at 3.2%, unchanged from the previous forecast. It has revised global growth rates higher since last July in response to trade deals that have reduced Trump's tariff rates that peaked in April 2025.
"We find that global growth remains quite resilient," IMF chief economist Pierre-Olivier Gourinchas told reporters, adding that the fund's 2025 and 2026 growth forecasts now exceed predictions made
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