IMF

The IMF sees the US avoiding recession, but inflation remaining above the Federal Reserve Bank’s 2% target this year and next, Managing Director Kristalina Georgieva told reporters Thursday in Washington, DC. “On the Q4-to-Q4 basis we…

The IMF warned of negative consequences to the global economy if US leadership is unable to resolve its political impasse over negotiations to extend the debt ceiling, spokesperson Julie Kozack told reporters Thursday in Washington, DC. “We…

STUDIO CITY, Calif., April 20, 2023…

The International Monetary and Financial Committee has opened its plenary session at the Spring Meetings of the IMF and World Bank in Washington, DC Friday (April 14)The IMFC advises and reports to the IMF Board of Governors on the …

THIS STORY IS UNDER EMBARGO UNTIL Friday, APRIL 14, 2023 AT 8:45 AM ETGrowth in sub-Saharan Africa is expected to slow to 3.6 percent in 2023, as a “big funding squeeze”, tied to the drying up of aid and access to private finance, hits the…

Amanda Walker What is top of your mind going into these Spring Meetings? MD Georgieva The membership is coming together at a time of high uncertainty and there are three big topics we would be wrestling with. One: how to make sure that we…

The IMF announced today (Wednesday, April 12, 2023) in a press briefing that fiscal policy is returning to normal three years since the outbreak of the COVID-19 pandemic. After providing extraordinary support simultaneously in 2020, both…

Global debt levels are rising faster than predicted, with the bulk of future boosts coming from China and the US the IMF said Wednesday (April 12) in Washington, DC..“Three years after the pandemic, fiscal policy has moved a long way…

The IMF announced today (Tuesday, April 11, 2023) in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising…

Tightening monetary and financial conditions have sparked financial sector turmoil, with an increasing risk to market stability, the IMF’s Financial Counselor Tobias Adrian said Tueday (April 11) in Washington, DC. But the chief of the…