IMF growth outlook is cautiously optimistic. It seems to leave out impact of larger disruptions in US

News Snapshot:

In addition to the reference forecast and to account for the uncertainty in tariff policy, the IMF has put out two alternative growth outlooks—one excluding the impact of the 2 April and subsequent tariffs, and second incorporating the impact of tariff announcements made after 4 April. Incorporating the impact of tariffs announced till 4 April, global growth is projected to decline by 0.5 percentage point to 2.8 percent. For next year, growth is projected at three percent, a downward revision of 0.3 percent from the January forecast. The April edition of the International Monetary Fund’s World Economic Outlook was keenly...