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China shrugs off threat of US tariffs to economy, says it has tools to protect jobs
China can expand domestic demand through various policies including rebates for swapping old vehicles, appliances and factory ...
IMF Policy Committee Underscores Trade Risks to Global Economy, Commits to Fund's Role
In a chair's statement, the IMF's steering committee also reaffirmed prior foreign exchange commitments and voiced support ...
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IMF-World Bank Meetings End With Little Tariff Clarity, but Economic Foreboding
The IMF took a slightly more optimistic view of the economic fallout from the highest U.S. tariffs in more than a century, ...
A slight sell-off by foreign investors could rock the US stock market, says veteran CIO
The conditions remain in place for another downdraft in the stock market, warns former Bridgewater CIO Rebecca Patterson.
Dollar Doubts Dominate Gathering of Global Economic Leaders
Participants at the I.M.F and World Bank meetings this week reckoned with the prospect that the U.S. safe haven could lose ...
Powell Draws Applause on Independence at Closed-Door IMF Meeting
Federal Reserve Chair Jerome Powell used a gathering of finance chiefs from around the world to stress that central banks ...
IMF chief urges countries to move ‘swiftly’ to resolve trade tensions that threaten global growth
The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global ...
Americans expect tariffs to push up prices, shrink revenues
Americans are expecting the Trump administration’s tariffs to result in higher prices and believe their overall cost will be ...
IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Bessent says IMF and World Bank 'falling short' as he calls for rebalancing of international financial system
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of ...
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California Now Has Fourth Largest Economy
Sacramento, CA — The State of California has moved past Japan and ranks as the fourth-largest economy in the world. It is according to newly released data from the International Monetary Fund and the ...