The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
IMF Warns Biden's Fiscal Profligacy Poses "Significant Risks" To Global Economy 'In Great Election Year' The IMF said the the quiet part out loud today (admittedly wrapped in 100s of pages of PhD-ese) in their benchmark Fiscal Monitor this morning: pointing out that America's recent economic performance is partially the result of the country's unsustainable borrowing, and that the US' massive fiscal deficits have stoked inflation and pose "significant risks" for the global economy. ...
By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing
The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe, and spillovers from two regional wars. The IMF forecast global real GDP
By Beiyi Seow US Treasury chief Janet Yellen warned during a visit to China on Friday that Beijing’s subsidies for industry could pose a risk to global economic resilience. Yellen arrived in the southern city of Guangzhou on Thursday for several days of talks with Chinese officials on her second visit to the world’s second-largest […]
GDP will grow just 0.5 per cent in 2024, International Monetary Fund predicts. Analysts also found GDP of UK has largely been boosted by migrant workers. UK slipped into recession at end of last year but is now on its way to recovery
The International Monetary Fund has slightly upgraded its global economic growth forecast but warned about progress on inflation on the back of conflicts in the Middle East and Europe. Global growth 2024 is expected to rise by 3.2 per cent in the April world economic outlook, 0.1 percentage points higher than in the previous update […]
(Bloomberg) -- The International Monetary Fund leveled an unusually direct criticism at US policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy.Most Read from BloombergChina Tells Iran Cooperation Will Last After Attack on IsraelBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROITreasury Yields Hit 2024 Highs as Powell in Focus: Markets WrapIMF Steps Up Its Warning to US...
China new yuan lending underwhelms; China exports drop; India industrial production up; US sentiment dips; bitcoin falls; UST 10yr 4.52%; gold slips but oil holds; NZ$1 = 59.3 USc; TWI-5 = 69.2
The IMF is cautioning against overexuberance in markets as investors look for central bankers to pull off a "soft landing" in their years-long inflation battle.
According to the April 2024 World Economic Outlook (WEO) Report by the International Monetary Fund, the journey has been eventful, starting with supply-chain disruptions in the aftermath of the pandemic, a Russian-initiated war on Ukraine that triggered a global energy and food crisis, and a considerable surge in inflation, followed by a globally synchronized monetary policy tightening.
IMF chief economist Pierre-Olivier Gourinchas says the world economy continues to show “remarkable resilience.”