Part 4/8:
In stark contrast to Fink’s domestic focus, Christine Lagarde's perspective presented a more global concern, emphasizing the challenges posed by the Inflation Reduction Act (IRA) to European industries. Lagarde asserted that the IRA could compel foreign enterprises to reconsider their investment strategies in the U.S., advocating for a “prism of confidence and cost.” This phrase encapsulates the uncertainty surrounding future U.S. policies and the subsequent implications for international investors.