IMF Predicts Worst Slump Since Great Depression
The Fund now expects the global economy to contract by 3% this year due to the coronavirus pandemic.
IMF Warns of $19 Trillion Corporate Debt Risk
Accommodative monetary stimulus has encouraged financial risk-taking, leading to “worrisome” levels of debt with poor credit quality, the Fund says.
IMF Cuts 2019 World Growth Forecast to 3%
“Further escalation of trade tensions and associated increases in policy uncertainty" could result in lower-than-expected growth next year, the IMF says.
IMF’s Christine Lagarde Named as New ECB Chief
The self-confessed economic outsider faces the challenge of helping stimulate the eurozone economy amid mounting fears of recession.
Industrial Production Ticks Up In June
The positive industrial numbers support the notion that the U.S. economy grew at a robust pace in the April-to-June period.
Total World Debt Reaches $164 Trillion in 2016
The IMF urges countries to "build fiscal buffers now by reducing government deficits and putting debt on a steady downward path."
IMF Sees Global Economic Upswing
However, its projection for economic growth in the United States this year remains modest, at 2.2%.
IMF Boosts Growth Forecast for 2017 to 3.5%
In its latest economic outlook, the fund warns that protectionist policies "threaten global economic integration and the cooperative global economic order."
Deutsche Bank Criticized by IMF, Fed
Deutsche Bank 'is one of the most important net contributors to systemic risks in the global banking system,' the IMF said.
IMF Urges Emergency Plan for Global Economy
'Accommodative monetary policy remains essential where inflation is still well below central banks’ targets,' said the IMF.
IMF Sees Trouble in Emerging Markets’ Debt Load
Emerging economies and bond markets need to prepare for an increase in corporate failures, says the IMF.