WASHINGTON, Oct 13 — The International Monetary Fund (IMF) and the World Bank began their annual autumn meetings in Washington, the United States (US), on Monday, amid pressure on global growth from trade tensions and policy uncertainty.
The German Press Agency (dpa) reported that the meeting brings together finance ministers, central bankers, and development officials from around the world.
The release of the IMF's updated global economic outlook on Tuesday will be the key event of the week. In July, the Fund forecast global growth of three per cent for this year and 3.1 per cent for 2026.
Attention will also be on the impact of US President Donald Trump’s tariff policies. IMF managing director Kristalina Georgieva said the full extent of the new trade measures has yet to become clear.
"Uncertainty is the new normal and it is here to stay," she said last week.
Artificial intelligence could also be in the spotlight.
The Bank of England recently joined the chorus of those voicing concern about a potential AI bubble, warning that a sudden shift in investor sentiment could spark a "sharp correction" in financial markets.
