US EditionIMF-World Bank meetings end with little tariff clarity, but economic foreboding
- Global finance leaders traveled to Washington last week seeking clarity on President Donald Trump's tariffs.
- Uncertainty surrounding the tariffs and the ticking clock on a 90-day pause prompted the visit.
- Many sought meetings with US officials but could not secure them or received calls for patience.
- The IMF estimated a 37 percent chance of recession, though some officials cited private forecasts showing higher odds.
- Most participants left with unresolved questions, as foreboding about economic uncertainty persisted.
45 Articles
45 Articles
Treading the Trump Tightrope at the IMF and the World Bank | by Ngaire Woods - Project Syndicate
At their recent Spring Meetings, the International Monetary Fund and the World Bank had to strike a delicate balance between confronting and conceding to the White House. Both institutions must decide the extent to which they are prepared to let one shareholder unilaterally determine their future.
Last week the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB) were held in Washington, DC, in the United States. As I mentioned in this same space last week, I consider that the three topics that were most relevant were (1) The US President’s tariff policy and its consequences; (2) The attack against the independence of the US Federal Reserve Bank (Fed); and (3) The behavior of the dollar (“Aranceles, Grow…
Musings from Washington: World Bank/IMF meetings end amid uncertainty as Trump’s tariff policies reverberate
The next meetings of the World Bank and IMF will be held in October, but expectations are high, and experts are waiting with bated breath amid the tensions generated by the trade war. The post Musings from Washington: World Bank/IMF meetings end amid uncertainty as Trump’s tariff policies reverberate appeared first on Premium Times Nigeria.
It could not have been otherwise. In the recent delivery of the World Economic Outlook (WEO), published periodically by the International Monetary Fund, it is stated that: “The outlook has changed so far this year, in an environment in which governments have reordered their public policy priorities. One factor clearly stands out in the observed change: tariffs. These have reached levels not seen in a century, along with the response measures the…
IMF-World Bank meetings end with little tariff clarity
Global finance leaders came to Washington last week seeking clarity on what it would take to get some relief from President Donald Trump's multi-layered tariff assault and on just how much pain it will bring to the world economy.
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