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IMF warns global growth prospects are dim amid policy uncertainty

IMF says global growth remains weak despite slight revision, citing elevated policy risks and headwinds.
The International Monetary Fund’s October 2025 World Economic Outlook reports that while near-term global growth has been revised up modestly, structural headwinds mean broad-based expansion remains weak. Trade frictions, elevated interest rates and labour-market mismatches are cited as ongoing drag. Emerging markets face slower capital inflows and increased vulnerability.
The outlook underscores that policymakers have less room to manoeuvre even as inflation pressures persist, and companies should prepare for a softer growth path than previously assumed.