The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’ | Greg Jericho

The Guardian The Guardian

The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages

The IMF’s latest World Economic Outlook has forced it to admit that things have changed since its previous update in January when it blissfully hoped things would be OK. Now there is mostly darkness and despair.

The IMF’s https://www.imf.org/en/publications/weo/issues/2026/01/19/world-economic-outlook-update-january-2026">January report was titled “Steady amid Divergent Forces”; whereas the https://www.imf.org/en/publications/weo/issues/2026/04/14/world-economic-outlook-april-2026">latest outlook is headlined “Global Economy in the Shadow of War” and begins “the global outlook has abruptly darkened following the outbreak of war in the Middle East on February 28, 2026.”

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