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Treasury Secretary Bessent Accuses IMF And World Bank

Trump administration says IMF and World Bank are falling short of their missions

Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and World Bank are “falling short” of their main missions and must focus on an urgent goal of bringing the global economy into better balance.

RealClearPolitics · 2h

Treasury Secretary Bessent Accuses IMF And World Bank Of "Mission Creep"

Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants to overhaul these institutions to create a more "sustainable international economic system.

Hosted on MSN · 59m

Reforms needed at IMF and World Bank, US Treasury Secretary says

US Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to reconnect with their founding missions, saying the two institutions have been distracted by projects unrelated to finance and economics.

IMF, Trump and World Economic Outlook

The Week · 2h

IMF sees slump from tariffs, Trump tries to calm markets

The International Monetary Fund predicts the U.S. and global economies will slow significantly due to the president's trade war

E&E News · 38m

IMF: Trump tariffs are crashing world economy, with US worst off

The multilateral lender thinks the U.S. will be hurt more than either Europe or China by President Donald Trump’s tariff blitz.

The Conversation · 2h

IMF World Economic Outlook: economic uncertainty is now higher than it ever was during COVID

The IMF’s world trade uncertainty index is currently 7 times higher than it was in October 2024, much higher than in the pandemic.

The IMF just slashed its global growth Outlook

Bloomberg · 4h

IMF Warns of New Global Debt Surge as Economic Growth Weakens

The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered by the US lead to slower economic growth and more volatility on financial markets.

Markets Insider on MSN · 1d

The IMF just slashed its global growth outlook — and said the US will be hit hard in the trade war

"If sustained, this abrupt increase in tariffs and attendant uncertainty will significantly slow global growth," the IMF wrote.

CBS News on MSN · 1d

IMF forecasts slower growth for U.S. economy in 2025, citing trade war

The U.S. economy will experience sluggish growth in 2025 due to an escalating trade war and "high levels of policy uncertainty," the International Monetary Fund said in a report Tuesday. The projections reinforce economists' warnings about the negative repercussions of President Trump's tariffs on the economy.

1hon MSN

Bessent assails IMF and World Bank and says there's an 'opportunity for a big deal' with China

Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...

2hon MSN

Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’

It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.

AFP on MSN9m

US Treasury chief says IMF, World Bank must be 'fit for purpose'

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent ...

3hon MSN

IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge

Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...

21hon MSN

IMF cuts growth forecasts for most countries in wake of century-high US tariffs

The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, ...

22hon MSN

IMF Cuts 2025 US Growth Forecast on Trade Tensions

The International Monetary Fund slashed its U.S. growth forecast from its projection earlier in the year, and also lowered ...

4hon MSN

Odds of U.S. recession are rising, International Monetary Fund finds

The International Monetary Fund is sounding alarms about slowing economic growth and the potential for a U.S. recession ...

1hon MSN

IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says

U.S. Treasury Secretary Scott Bessent said on Wednesday that International Monetary Fund Managing Director Kristalina ...

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