IMF warns global economy ‘could soon test the limits of resilience’

IMF warns global economy ‘could soon test the limits of resilience’

The International Monetary Fund cautioned that the global economy may soon reach the limits of its resilience, citing low oil inventories and strained public finances worldwide. In its latest World Economic Outlook, the IMF also raised its projection for the United Kingdom’s 2026 GDP growth, reflecting a modest improvement amid broader overall global fiscal pressures.