The IMF Says Even Its Best Scenario Means a Downgrade
The IMF's April WEO cut emerging market growth to 3.65% and raised inflation to 4.9%, and Georgieva's phrasing made clear that optimism itself has been downgraded.
Economy
Liberation Day Turns One and the Average American Household Is $700 Lighter
The Tax Foundation calculates tariffs cost $700 per household while the White House points to a 24% trade deficit drop as proof of victory.