Portuguese economist Ricardo Reis dropped by IMF after criticising Trump tariffs
Ricardo Reis had warned that tariffs could drive up prices in the United States and potentially trigger a new wave of inflation.
The International Monetary Fund (IMF) abruptly dropped Ricardo Reis as the lead candidate to become its new chief economist just before an announcement, according to sources. Reis, a professor at the London School of Economics, had been preparing to take over as head of research and economic counsellor earlier in the summer. The unexpected reversal came after Reis made critical remarks about the Trump administration’s economic policies, three people familiar with the matter revealed to the Financial Times.
In July, the IMF chose Silvana Tenreyro, another esteemed LSE economist and former Bank of England policymaker, to fill the position. Tenreyro began her role at the IMF in July.
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- Ricardo Reis and the IMF? marginalrevolution.com
- Portuguese economist Ricardo Reis dropped by IMF after criticising Trump tariffs euronews.com
