Australiaimf

The Bank of Israel is likely to upgrade its growth projection for 2026 given the ceasefire in Iran and a new deal to end hostilities in Lebanon, says central bank Governor Amir Yaron. He speaks to Bloomberg's Lisa Abramowicz on the sidelines of the IMF Spring Meetings in Washington.

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged. European Commissioner for Economy and Productivity Valdis Dombrovskis joins "Balance of Power" to discuss the IMF news as well the Ukraine war impact on the EU economy.

US Treasury Secretary Scott Bessent said, "the world cannot take a China with a trillion-dollar trade surplus," as he spoke Tuesday about the "slow motion buildup of trade imbalances" at an Institute of International Finance event.

European Central Bank President Christine Lagarde says the euro-zone economy has moved away from the central bank's Iran war base case, though not enough to currently warrant leaning toward raising interest rates. She speaks with Bloomberg's Francine Lacqua at the IMF's spring meetings.

French Finance Minister Roland Lescure discusses the Iran war, energy markets and the economy. Lescure will join the International Monetary Fund meetings in Washington this week as policymakers discuss the fallout from from the oil shock triggered by the conflict in the Middle East. He speaks on Bloomberg Television.

European Investment Bank President Nadia Calviño discusses the economic impact of the Iran war with Matt Miller and Dani Burger on "Bloomberg Open Interest."