Spring Meetings: London Summit and Interest Rates

spring meetings: World trade growth is at its weakest since 2009, the protectionism that the London summit eschewed has reared its head, and central banks have responded to faltering growth by scaling down plans to raise interest rates, according to The Guardian. All this and more will be on the agenda when the International Monetary Fund and the World Bank hold their spring meetings in Washington this week. A decade on, the global outlook is once again darkening. A looming developing-country debt crisis is a concern to both the World Bank, which now has a new Donald Trump-appointed president in David Malpass, and the IMF. Christine Lagarde, the fund's managing director, has already said her organisation is going to reduce its forecasts for growth when it releases its world economic outlook on Tuesday. Facebook Twitter Pinterest World leaders at the G20 summit in 2009. It has been evident for some time that China's economic growth has been slowing, and it was equally obvious that US activity in the first half of last year was artificially boosted by tax cuts. (news.financializer.com). As reported in the news.