Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Washington, November 14 (Xinhua) — The International Monetary Fund (IMF) expects U.S. GDP growth in the fourth quarter of 2025 to be lower than the previously projected 1.9 percent, but is experiencing a data shortage due to the recent federal government shutdown. This was stated by IMF spokesperson Julie Kozak at a press briefing on Thursday.
The lack of accurate economic data due to the record 43-day shutdown is making it difficult for the IMF to assess the health of the US economy, she noted.
"The US economy has proven its resilience over the past few years. Now we're seeing pressures starting to build," said J. Kozak. "Domestic demand is weakening, and employment growth is slowing. The combination of declining immigration, tariffs, and broader political uncertainty is putting pressure on activity," she added.
However, this effect will likely end in the first quarter of 2026, said J. Kozak.
According to the IMF, inflation in the US is moving toward the Federal Reserve's 2 percent target, but tariffs are increasing the upside risks. Despite stabilized inflation expectations, rising prices are "causing pain for certain segments of society," J. Kozak emphasized.
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