The International Monetary Fund (IMF) has revised its global growth forecast downward due to heightened trade uncertainties. These uncertainties, described as ‘off the charts,’ stem from ongoing shifts in international trade policies and geopolitical tensions. The IMF’s decision reflects concerns over how these factors could impact global economic stability and growth trajectories. The organization emphasizes the importance of coordinated policy responses to mitigate risks and foster sustainable economic recovery. — new from Financial Times