US EditionIMF-World Bank meetings end with little tariff clarity, but economic foreboding
- Finance leaders from around the world met in Washington last week for global economic discussions.
- They sought understanding regarding President Trump's tariffs amid existing global economic strains and debt concerns.
- Many foreign ministers could not meet with key US administration officials despite their efforts.
- The IMF estimated recession odds at 37 percent and significantly cut growth forecasts for most nations.
- No trade agreements were finalized, and officials voiced worries about potential new debt crises globally.
39 Articles
39 Articles
IMF’s World Economic Outlook shows greater uncertainty than during Covid-19
The International Monetary Fund has just published its World Economic Outlook, and it does not take an expert to deduce that, even among some of the world’s top economic minds, confident predictions are currently hard to come by.Every spring the IMF and World Bank hold their Spring Meetings in Washington DC: a week of seminars, briefings and press conferences focusing on the global economy, international development and world financial markets. …
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.
The economy: forecasts and reactions
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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