U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting
1. IMF reports dim economic prospects for U.S. and global economies. 2. U.S. growth expected at 2.8% this year, slowing to 2% by 2026. 3. Increased tariffs and labor shortages could elevate inflation. 4. GDP surged to 3.8% annual rate, but front-loaded spending may decline. 5. Decline in immigration could lead to labor shortages and wage increases.