IMF cuts forecasts as tariffs add to high uncertainty

World economic outlook sours after Trump tariffs

IMF HQ 2
Photo: Henrik Gschwindt de Gyor/IMF

The International Monetary Fund has warned central banks to tread carefully and communicate clearly in face of elevated uncertainty.

The 2025 World Economic Outlook, released today (April 22), called on central banks to prioritise price stability to short-term stimulus. The IMF said policy-makers should communicate clearly and be ready to “act forcefully” if inflationary pressures re-emerge.

“Without price stability, any gains from future growth are at risk of being more than offset by a renewed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.