Most worrying economic trend is ‘willy-nilly’ tariff policy: IMF head


Source: cnbc.com cnbc.com

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an ISO 20121 Greening Ceremony during the IMF-World Bank Group spring meetings at the IMF headquarters in Washington, DC on April 15, 2024. The world economy is headed for a soft landing, inflation is going down, and rate cuts are coming, according to Kristalina Georgieva, International Monetary Fund managing director, but she says the rise of trade restrictions, including tariffs, from the world's largest economies is the "most worrisome" risk to global growth. "Trade is slowing down even more than it would be slowing down otherwise," Georgieva said during an...