Trump’s war and rhetoric are drowning out the IMF’s growth agenda
Trump’s war and rhetoric are drowning out the IMF’s growth agenda
In today’s CEO Daily: Diane Brady on the factors that will determine whether the IMF can stay focused on growth.
The big leadership story: One CEO is backing off a vow to evaluate employees on their AI use.
The markets: Up as investors shrug off stalled U.S.-Iran peace talks.
Plus: All the news and watercooler chat from Fortune.
Good morning. For CEOs dealing with the uncertainty of inflation, shipping blockades, interest rates, tariffs, income inequality, AI development and more, keep an eye on the IMF-World Bank Spring Meetings in Washington this week. The gatherings offer telling clues on how central bankers, finance ministers and other policymakers view the issues impacting the global economy—and what they intend to do about it. Last year, much of the focus was on the fallout of Trump’s “Liberation Day” tariffs. This year, it’s on the fallout of Trump’s war on Iran. Will they focus on the issues and policies most critical to growth? That may depend of factors like these:
The Fog of War – IMF Managing Director Kristalina Georgieva has a full agenda, from rising public debt levels and income inequality to global trade and regulation. World Bank President Ajay Banga is focused on job growth, sustainable development, access to technology, food security and building out the economies of the Middle East. And yet we kicked off day one with the U.S. blocking all ships through the Strait of Hormuz while the president insulted the Pope. There are plenty of wars impacting growth right now: the Russia-Ukraine, the Israel-Gaza war, a global trade war and civil wars in Sudan, Myanmar and elsewhere. But the war that’s........
