US Treasury Secretary Vincent questioned the forecasts of the IMF and World Bank, stating that the United States will quickly pass through the period of inflation.

date
15/04/2026
U.S. Treasury Secretary Bezent questioned the decision of the International Monetary Fund and the World Bank to lower global economic growth expectations and raise inflation forecasts following the situation in the Middle East, saying that these institutions may have "overreacted." "I think they may have overreacted, but we'll wait and see," Bezent said, noting that some countries in Europe and Asia are removing consumption or industrial subsidies to address supply disruptions, which could lead to continued high inflation locally. He expressed confidence that the United States will soon pass through the period of rising prices, unlike those countries implementing subsidies, which could increase borrowing or prolong the duration of inflation impacts.