The Zhitong Finance App learned that the International Monetary Fund (IMF) and the World Bank have always been symbols of free trade, capitalism, and financial market wisdom, but at their spring meeting, an anti-mainstream view emerged: investors underestimated the economic losses caused by the Iran war. At various public forums, private dinners, and side events held in Washington this week, participants gradually came to a consensus — even if the US and Iran reach a lasting peace agreement soon, the impact of the conflict on the global economy may worsen significantly before improving.

The Zhitong Finance App learned that the International Monetary Fund (IMF) and the World Bank have always been symbols of free trade, capitalism, and financial market wisdom, but at their spring meeting, an anti-mainstream view emerged: investors underestimated the economic losses caused by the Iran war. At various public forums, private dinners, and side events held in Washington this week, participants gradually came to a consensus — even if the US and Iran reach a lasting peace agreement soon, the impact of the conflict on the global economy may worsen significantly before improving.