This podcast episode explores the key takeaways from the International Monetary Fund's Spring Meetings, which were held against a backdrop of rising geopolitical tensions, monetary policy pivots, and limited fiscal space. The mood was cautiously optimistic, with a focus on central banks being more cautious in their easing paths. Despite inflation concerns, global growth has held up better than expected. There was a particular focus on fiscals, both in developed and developing economies, as concerns about stabilizing debt remain. Discussions also touched on the potential impact of AI on the global economy, progress in debt restructuring, and the rising cost of debt and debt distress in developing countries.
