IMF World Bank economy Trump gold growth.

FILE - International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a news conference during the World Bank/IMF Annual Meetings in Washington, Oct. 24, 2024. (AP Photo/Jose Luis Magana, File)

IMF chief warns of economic uncertainty and offers this advice: ‘Buckle up’

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina Georgieva says in prepared remarks to a think tank Wednesday. And she says, “Uncertainty is the new normal and it is here to stay.” Her comments comes before the IMF and World Bank hold their annual meetings next week in Washington. Trump’s trade penalties are expected to be in sharp focus when global finance leaders and central bankers gather.

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