Mood set to be downbeat at IMF meetings, Fed Talk with Patrick Harker
Commentary: Mood to be downbeat at IMF meetings
By Mark Sobel in Washington
The IMF spring meetings will undoubtedly seek to create a positive buzz around policy-makers. But international co-operation may prove to be in short supply. The US is generating global trade tensions and understandably seen as an unreliable leader and partner. China is fighting off its near-term economic malaise at the same time its growth model is facing rising internal contradictions between the state and markets. An introverted Europe is consumed by its own weaknesses. Behind the curtains, the spring meetings are likely to be a downbeat event.
Read the full commentary on the website.
Podcast: Fed Talk with Patrick Harker, President of the Federal Reserve Bank of Philadelphia
Patrick Harker, president and chief executive officer of the Federal Reserve Bank of Philadelphia, joins Danae Kyriakopoulou, chief economist and director of research at OMFIF, in Frankfurt.
They discuss the Federal Reserve’s outlook for the US economy, monetary policy, forward guidance, reserves management and global affairs affecting the financial system.
Listen to the recording, or search for OMFIF on your smartphone’s podcast app.