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IMF Downgrades Global Growth Outlook on Supply Chain Woes, Uncertainty
Economy
IMF Downgrades Global Growth Outlook on Supply Chain Woes, Uncertainty
2021-10-12 17:18:19
by Dan McCue

WASHINGTON -- The International Monetary Fund on Tuesday downgraded its estimate for global gross domestic product growth this year, citing supply chain concerns and uncertainties related to the pandemic. However, the global financial institution suggests growth should rebound next year.... Read More

Economy
Global Economy to See Multi-Speed Recovery
2021-03-30 20:11:23
by Daniel Mollenkamp

The pandemic has caused profound and long-lasting changes to the global economy. However, the world also has a narrow window to avoid throwing lots of people into more uncertainty, insecurity, and poverty, said an executive from the International Monetary Fund... Read More

Economy
Yellen Encourages ‘The Age of Womenomics’
2021-03-10 14:23:38
by Kate Michael

WASHINGTON —Treasury Secretary Janet Yellen grew up surrounded by hardships endured during the Great Depression. Her father’s medical practice was located inside the family home, so she not only heard stories from the patients but also saw firsthand the result... Read More

Economy
IMF Says World Faces Prospect of Deep Recession In COVID-19's Wake
2020-04-14 21:26:05
by Dan McCue

WASHINGTON - The global economy will likely experience the worst recession since the 1930s as governments around the world fight to end the coronavirus outbreak and restart their economies, the International Monetary Fund said Tuesday. The organization, which is headquartered... Read More

Economy
IMF Sees Global Economy Stabilizing But Sluggish in Wake of US/China Trade War
2020-01-21 16:21:49
by Dan McCue

WASHINGTON - The International Monetary Fund has trimmed its forecast for global economic growth this year, saying that while some positive things have happened in recent weeks, including the completion of Phase I of a U.S.-China trade deal, the prospects... Read More

Economy
IMF Downgrades Outlook for World Economy, Citing Ongoing Trade Wars
2019-10-15 19:52:40
by Dan McCue

WASHINGTON — The International Monetary Fund on Tuesday downgraded its outlook for the world economy, predicting that growth in the developed world this year, stymied by trade conflicts, will be the weakest since the 2008 financial crisis. During a press... Read More

Economy
New IMF Head Blames Trade Conflicts for 'Synchronized Global Slowdown'
2019-10-08 22:31:21
by Dan McCue

WASHINGTON  — Kristalina Georgieva, the new head of the International Monetary Fund, said Tuesday that the world economy is in the grips of a "synchronized global slowdown" fueled by ongoing trade disputes. Speaking at the World Bank/IMF annual meetings being... Read More

Finance
Top World Bank Official Tapped As New Chief at International Monetary Fund
2019-09-27 20:51:34
by Dan McCue

WASHINGTON - Kristalina Georgieva, a Bulgarian economist and top World Bank official, has been named the new head of the International Monetary Fund. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central... Read More

Finance
Christine Lagarde Warns ... 'Nobody Wins a Trade War and Everybody Suffers'
2019-06-07 00:19:16
by Dan McCue

WASHINGTON - Despite uncertainties on several fronts, including a nasty trade dispute with China, escalating tariff threats, and The federal government’s penchant for taking on enormous debt and all the risks that come with it, the U.S. economy should remain... Read More

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