IMF warns of market chaos due to surging government borrowing
From Yahoo Finance: 2025-04-22 11:51:00
The IMF warns that Donald Trump’s tariffs risk pushing the US into recession and causing global bond market chaos. Government borrowing is surging due to trade war impacts, with government debts already at 93% of global GDP. The US faces tough choices as inflation rises but growth is hit. Trump’s feud with the Federal Reserve adds to economic uncertainty. Germany’s increased borrowing leads to higher borrowing costs in the eurozone. Stock markets could see further declines amid economic and trade uncertainty, and banks may not be as strong as they appear.
Read more at Yahoo Finance: Surging government borrowing risks fresh market chaos, warns IMF
