With the Fed raising interest rates again this past week, a war raging in Ukraine, and China opening up – we wondered about the global economy. So we asked Kristalina Georgieva, the Bulgarian economist who heads the International Monetary Fund. The IMF is a lending institution with a pool of a trillion dollars that it uses to bail out countries drowning in debt. It also issues quarterly reports that world leaders and bankers rely on, analyzing the economic health of nearly 200 countries. The last IMF report in October painted a dire picture of the global economy.
Managing Director Georgieva was making gloom-and-doom predictions of a dark future. But the IMF’s new report on 2023, issued this past week, has her optimistic. Somewhat.
Kristalina Georgieva: The biggest surprise is that the picture, while it remains very concerning, is less dire than it was just two months ago. We are still going…
