The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight slowing of global growth this year and in 2026.
IMF Managing Director Kristalina Georgieva said recent economic data showed a softening in the US economy, but it had dodged a recession feared by many experts just six months ago.
The US economy and many others had held up, given better policies, a more adaptable private sector, less severe import tariffs than feared - at least for now - and supportive financial conditions, she told an event hosted by the Milken Institute in Washington.
