IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts

The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation problem harder to solve, according to the International Monetary Fund. Read More

Russia will grow faster than the US and all other advanced economies this year, the IMF says

Russia's economy in 2024 is expected to grow by 3.2%, outpacing the US, Germany, the UK, and Japan, according to the IMF. Read More

Global economy resilient but taming inflation must be priority, IMF says

International Monetary Fund warns countries to 'remain vigilant' as recent data could show signs of a temporary setback in restoring price stability ... Read More

News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored

LVMH shares rose 1.8 per cent in early trading, pulling up shares in rivals Hermes and Richemont. Rival Kering, which recently issued a rare profit warning on weak China sales at its biggest brand ... Read More

IMF boosts 2024 global growth outlook as U.S. economy powers on

The International Monetary Fund raises global growth forecast to 3.2% in 2024, with inflation projected to drop. Read More

Why did the IMF lower its economic growth forecast for Mexico?

Citing "weaker than expected" outcomes in late 2023 and early 2024, the IMF lowered Mexico's 2024 growth forecast from 2.7% to 2.4%. Read More

Türkiye Eases Regulations Forcing Banks to Buy Government Bonds

Türkiye further eased regulations forcing banks to buy government bonds and reduced a security maintenance ratio again in its latest steps to end punitive measures on lenders. The monetary authority ... Read More

IMF Raises Growth Forecast for Saudi Economy to 6% in 2025

The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth in 2025 to 6 percent – up from 5.5 percent predicted in January. The IMF also said the Kingdom’s output ... Read More

Nigeria’s economic growth forecast at 3.3% in 2024 – IMF

The International Monetary Fund has adjusted Nigeria’s economic growth forecast to 3.3 per cent in 2024. The revised forecast for April was disclosed on Tuesday in IMF’s World Economic Outlook. The ... Read More

Weekly Commentary: Trouble Brewing In Financial Asset Wonderland

The Fed's misguided dovish pivot unleashed precariously loose market conditions, stoking wild speculative excess while ensuring inflation became deeply embedded. Read More