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World economy likely to avoid recession despite tariffs, IMF chief says
The IMF expects “notable” markdowns to growth but no recession
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier
ECB cuts rates again to help economy weather erratic US trade policy
It lowered the rate that the ECB pays on bank deposits by 25 basis points to 2.25%