IMF On Global Growth

With inflation moving closer to US Federal Reserve's target, and data showing a stable labor market, the Fed could afford to wait for more data before undertaking further interest rate cuts, she said

While India and US have optimistic outlooks going into 2025, Germany and UK may see sluggish growth

Meanwhile, Moody's Ratings has slated Friday for a possible report on France, which faces intense investor scrutiny at present. With its assessment one step higher than major competitors

A 60% majority of economists, 98 of 162, said the global economy this year was more likely to grow faster than they expected than undercut their predictions

The downward revision was driven by conflicts in Sudan, the West Bank and Gaza, as well as oil production cuts by Gulf countries weighing on activity

'While uncertainties are still high, we can be a bit more confident about the economic outlook, because the global economy has been surprisingly resilient,' she said in the speech

With inflationary pressures "receding rapidly," prospects for a soft landing were improving in Asia, he said

Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. What we have been observing for quite some time now is that India has been growing at a very robust rate. It's one of the star performers when it comes to real growth when you look at peer countries. It's one of the fastest growing large emerging markets and it's contributing, in our current projections, more than 16 per cent of global growth this year, Nada Choueiri, the Mission of India at IMF, told PTI in an interview. The IMF on Monday released its annual Article IV consultation with India, according to which the South Asian country, underpinned by prudent macroeconomic policies, is on track to be one of the fastest-growing major economies in the world this year. Nonetheless, the economy is facing global headwinds, ...

The European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they're sure inflation is under control despite sluggish growth, the International Monetary Fund said on Wednesday, warning against premature celebration as inflation declines from its peak. The Washington-based IMF said that the cost of underestimating inflation's persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth. The European Central Bank, the Bank of England and the other central banks that aren't part of the 20-country eurozone are reaching the peak of their interest rate cycles, while some have started to reduce policy rates, the IMF said in its twice-yearly regional economic outlook for Europe. Nonetheless, a prolonged restrictive stance is still necessary to ensure that inflation moves back to target. Historically, it takes an average of three years to return ...

The Finance Division said the hike was due to the "increasing trend of petroleum prices in the international market and exchange rate variations"

The S&P has risen more than 7% this year and is up more than 15% from its low in mid-October

The global flows of goods and capital had leveled off after the global financial crisis of 2008-2009, and a surge in trade restrictions seen in subsequent years

At a time when the world is faced with continued economic slowdown and social distress, the international community counts a lot on India's leadership of G-20, IMF MD said

The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future

sia's economy is likely to suffer zero growth this year for the first time in 60 years, the IMF said in a report on the Asia-Pacific region

Noting that a turning point is yet to be reached, the IMF said it was slightly revising downwards the growth outlook for the global economy.

The IMF said its latest World Economic Outlook projections show 2019 GDP growth at 3.0%, down from 3.2% in a July forecast, largely due to increasing fallout from global trade friction

Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as MD of IMF

In several key economies, growth is being supported by policies that seem unsustainable over the long term

The IMF, in its latest World Economic Outlook, kept its global growth forecasts for both 2018 and 2019 unchanged at 3.9 per cent