Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage point if America's trading partners retaliate with tariffs of their own.

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year

The International Monetary Fund (IMF) has upgraded its growth forecast for the UK economy this year, but has also warned about the possible impact of Donald Trump's economic plans. The global institution upgraded its prediction for UK growth to 1.

The U.S. economy will remain the world's growth powerhouse in 2025, International Monetary Fund economists anticipate, even as uncertainty around trade and immigration policies creates inflation risks.