In this episode, I deliberate over the recently concluded IMF-World Bank annual meetings. The IMF Meetings in Washington DC featured some recognition of global resiliency amid geoeconomic fragmentation. Concerns about numerous risks at play have not faded though. Governments and firms are dealing with erratic policy making by the US. Trade, commerce, and tech adoption go on in spite of the persisting uncertainty. The IMF sees mild upside to growth risks in the near term. The US economy, buffeted by strong consumption and investment, is on 2% growth trajectory. For the rest of the world, stress lingers, but response is better than expected.

 

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