THE GUARDIAN: Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next week
The head of the International Monetary Fund has issued a stark warning about the mounting risks facing the global economy, saying: “Buckle up: uncertainty is the new normal.”
As finance ministers and central bankers prepare to meet in Washington for the IMF’s annual meetings next week, its managing director, Kristalina Georgieva said the world economy had shown surprising resilience in the face of Donald Trump’s trade war.
The US is now expected to avoid recession, despite the imposition of historic tariffs on many of its trading partners, and the global economy is forecast to slow “only slightly this year and next”, she said.
But Georgieva pointed to growing signs of strain, including the record gold price – which topped $4,000 an ounce on Wednesday, signalling anxiety among investors – and exceptionally high valuations for US stocks. » | Heather Stewart | Wednesday, October 8, 2025
