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2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
2 mins read
The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
1 min read
Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says
The IMF now expects Russia's GDP to more than double to 2.6% this year and flagged "high military s…
George Glover
2 mins read
Sanctions on Russia could eat away at the dollar's global dominance and boost the use of crypto, IMF says
As countries turn to other currencies in international trade, "fragmentation at a smaller level is …
Adam Morgan McCarthy
2 mins read
The IMF is predicting more pain for global stocks as central banks tighten monetary policy
"We could certainly see further tightening of financial conditions," the IMF told CNBC. "Risk asset…
Isabelle Lee
1 min read
The current banking crisis is a 'worldwide phenomenon' that started long before SVB failed, Harvard professor and former IMF economist says
A leading scholar of financial crises says the banking crisis ensued after a number of years of ult…
Morgan Chittum
2 mins read
China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Pras…
Huileng Tan
2 mins read
Roughly half the world's central banks are 'at some stage' of exploring their own digital currencies, IMF says
Around half the world's central banks are at "some stage" of looking into creating their own digita…
Camomile Shumba
2 mins read
China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says
The yuan has seen a boost in the share of global payments using the currency this year, which could…
Aruni Soni
1 min read
6 Fed rate cuts in a soft-landing scenario are a 'pipe dream,' Harvard economist says
"If we get a deep recession, definitely it could happen, they will cut rates a lot, not six times, …
Aruni Soni
2 mins read
From interest rates to China's slowdown, these are the issues that will make 2024 another 'rocky year,' Harvard economist says
"Don't be surprised if 2024 turns out to be a rocky year for everyone," Kenneth Rogoff wrote for Pr…
Filip De Mott
2 mins read
Dollarization would eliminate Argentina's future inflation risk, former IMF board member says
"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the I…
Filip De Mott
1 min read
China's property sector is facing massive risks and authorities must meet it with 'forceful action', IMF says
Beijing has to ensure that troubled developers don't create risks for the financial system, the IMF…
Phil Rosen
2 mins read
IMF chief economist Gita Gopinath to resign and return to Harvard University
The 49-year-old prominent Indian-American economist had joined the International Monetary Fund (…
PTI
2 mins read
The IMF boosts its global growth forecast to 6% as vaccines pave the way for a full recovery
The recession will likely leave smaller scars than the financial crisis, but developing nations are…