IMF sees mixed global inflation picture in the face of higher tariffs

The International Monetary Fund sees a mixed inflation picture globally as companies in the U.S. and other tariff-raising countries have so far absorbed much of the higher duties, while demand remains suppressed in major exporting countries like China, IMF spokesperson Julie Kozack said on Thursday.

Kozack told a regular press briefing that the global economy has shown resilience in the face of uncertainty over tariffs as the IMF and World Bank Group prepare for their annual meetings in Washington later this month.

"We see global growth in the first half of the year having held steady, but we are starting to see signs of a slowdown globally now," Kozack said. "With respect to inflation, what we see globally is a bit of a mixed picture."