The net effect of higher tariffs and fiscal policy changes for the U.S. current account deficit was a modest decline over the medium-term to around 3.5% of GDP, the fund said
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The International Monetary Fund said on Thursday that the outlook for global energy prices created upside risks to U.S. inflation, but added that the near-term risks to activity and unemployment were broadly balanced.
The net effect of higher tariffs and fiscal policy changes for the U.S. current account deficit was a modest decline over the medium-term to around 3.5% of GDP, the fund said.
(Reporting by Kanjyik Ghosh in Barcelona; Editing by Alex Richardson)
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