The confrontation in Washington DC comes after the IMF predicted that the UK would be the worst performing economy in the G7 this year.
Bank of England Governor Andrew Bailey and Chancellor Jeremy Hunt chat with IMF managing director Kristalina Georgieva in Washington DCThe exchange between Jeremy Hunt and IMF managing director Kristalina Georgieva, captured by Sky News in Washington DC, tells you rather a lot about the Chancellor's week here in Washington.
This was Mr Hunt's first International Monetary Fund meeting since taking on his new role. And while it has certainly gone better than it went for his predecessor it has been overshadowed by a familiar controversy., with its gross domestic product contracting by 0.3 per cent this year. Mr Hunt insisted today, both to Ms Georgieva and to Sky News that he will"prove the Fund wrong", and that Britain's economy will outperform.
"I think the context here is that last year we had the fastest growing G7 economy. So, we did very well last year. We have so far avoided recession this year. So the economy has shown resilience, but we want to be growing faster.
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