Russia needs to carry out “ambitious” economic policy reforms to realize the economy’s midterm potential and reduce its vulnerabilities to a slump in oil prices or acceleration of capital outflows, the International Monetary Fund said Tuesday.
It's no secret that a lot of hedge fund managers on Wall Street have no love for Ben Bernanke or his monetary policy. Journalists, economists and pundits have mused on the reason why more times that anyone can count. For their part,Show More Summary
Last week, the Bank of Japan’s decision to maintain its monetary easing policy wasn’t taken at face value by the markets. The fear is that central banks could start to unwind some positions and reduce asset purchases. The Bank of Japan’s resolution caused the yen to rise against the dollar and pushed stocks lower. There [...]
Stocks closed out a volatile week with losses on Friday, after the International Monetary Fund revised U.S. annual growth estimates downward. While maintaining the 1.9% GDP growth figure for the current year, the IMF lowered its outlook for 2014 from an already-unimpressive 3% to a mere 2.7%. Show More Summary
One week after conceding that it underestimated the negative impact of austerity measures in Greece, the International Monetary Fund (IMF) is condemning American lawmakers’ rapid turn to spending cuts. The fund’s analysts say that “an excessively rapid pace of fiscal deficit reduction” will cost the country between 1.25 and 1.75 percent points of GDP growth [...]
The International Monetary Fund released its annual review of the United States economy on Friday. The fund expects the world’s largest economy to keep on growing at a steady 1.9 percent clip this year before accelerating sharply in 2014 and … Continue reading ?
The Dow Jones Industrial Average is down after the International Monetary Fund reported that it expects the U.S. economy to slow, and consumer confidence came in below expectations. As of 1:30 p.m. EDT the Dow has lost 116 points, or 0.76%, led down by DuPont after it lowered its guidance and was downgraded by Merrill Lynch. Show More Summary
The International Monetary Fund urged the Federal Reserve to prepare carefully its exit from its QE stimulus program. ||| Washington - The International Monetary Fund on Friday urged the Federal Reserve to prepare carefully its exit from its QE stimulus program, warning of the challenges in unwinding its easy-money policy. Show More Summary
WASHINGTON (Reuters) - The International Monetary Fund on Friday urged the United States to repeal sweeping federal budget cuts that will be a severe drag on economic growth this year.
The International Monetary Fund will oversee a program of economic policies undertaken by Zimbabwe. ||| Johannesburg - The International Monetary Fund will oversee a program of economic policies undertaken by Zimbabwe in a first step...Show More Summary
The International Monetary Fund has signalled its intention to work with Zimbabwe for the first time in more than a decade. ||| Washington - The International Monetary Fund announced on Thursday that it would work with Zimbabwe for the first time in more than a decade, as the troubled country headed toward court-ordered elections next month. Show More Summary
The International Monetary Fund said Portugal's economic outlook was “sombre”. ||| Lisbon - The International Monetary Fund said on Thursday Portugal's economic outlook was “sombre” and its public debt condition “very fragile” although...Show More Summary
The International Monetary Fund releases a yearly forecast for countries that will predict the growth of the country. For France and China, the IMF has recently lowered their growth forecast due to a number of different reasons. For France, Paris has lacked a competitive economy and been slow to reform in recent times. Show More Summary
In compliance with the requirements of the International Monetary Fund, the Greek government made the decision to shut down a public broadcasting group comprising 19 regional channels, four national channels—one of which broadcasts abroad—, six radio stations, a TV guide magazine, websites and the national audiovisual archives in their entirety. Show More Summary
The head of the International Monetary Fund’s Western Hemisphere Department says Latin America is well-positioned to handle market swings related to expectations of Fed "tapering."
By Otaviano Canuto: The International Monetary Fund (IMF) is taking a new look at Sovereign Debt Restructuring. There are at least two major reasons for this. First, it is expected that official creditors play a unique role during sovereign...Show More Summary
A senior adviser to Egyptian president Mohamed Morsi is complaining that the International Monetary Fund is slow-walking the long discussed $4.8 billion loan. Via the Financial Times: “The question [of when a deal would be signed] should be addressed to he IMF,” Mr Haddad told the Financial Times during a visit to London last week. Show More Summary
The International Monetary Fund (IMF) is taking a new look at Sovereign Debt Restructuring. There are at least two major reasons for this: First, it...
The International Monetary Fund (IMF) had agreed with Zimbabwe to monitor the country’s programmes until the end of the year, paving the way for the country to clear billions of dollars of its debt arrears, the fund said on Friday. ||| ZIMBABWE...Show More Summary
Even the International Monetary Fund makes mistakes. An (initially) internal report released this week points to the biggest blunders with the IMF's first Greece bailout, offering unprecedented answers to the question economists areShow More Summary