At 9 a.m., the International Monetary Fund will reveal its “World Economic Outlook,” which details a comprehensive analysis of the global economic situation, including economic growth, inflation, and other key macroeconomic indicators.

President Donald Trump‘s “reciprocal tariffs” have created uncertainty in financial markets in the United States and across the globe.

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“Disruptions entail costs. Our new growth projections will include notable markdowns, but not recession,” IMF Managing Director Kristalina Georgieva said in her preview, according to Reuters.