The IMF predicts the global economy will shrink by 5% this year

Jun 24, 2020
That means fewer jobs and more debt. And the U.S. may be in for even worse.
A man passes graffiti about the coronavirus in Beirut, Lebanon. The IMF is predicting a world-wide downturn of 5% as people spend less money while stuck at home due to COVID-19.
Patrick Baz/AFP via Getty Images

"A moment of reckoning for the United States at home and abroad"

Jun 9, 2020
The country's coalition-building power overseas has weakened as it focuses on crises at home, researcher Torrey Taussig says.
Credit to Metamorworks, courtesy of Keystone/Getty Images

IMF says global economy will shrink 3% this year because of COVID-19

Apr 14, 2020
IMF economists talked to epidemiologists and tried to estimate how much COVID-19 restrictions will affect the economy.
Forecasts could change dramatically based on policy decisions made around the global COVID-19 pandemic.
Karen Bleier/AFP via Getty Images

The impact of coronavirus is being felt across the global economy

Feb 12, 2020
The coronavirus outbreak's impact has already shown up in various parts of the economy.
Commuters in a Hong Kong subway station wear face masks to protect against the spread of the coronavirus ahead of the Chinese New Year on Jan. 23.
Vivek Prakash/AFP via Getty Images

What are negative interest rates?

Aug 22, 2019
While the U.S. waits on word of rate cuts, the global economy is seeing negative interest rates.
Spencer Platt/Getty Images

IMF's acting director on U.S. and China: "It takes two to tango"

Aug 5, 2019
"Both sides should sit down and talk more," says David Lipton of the International Monetary Fund.
Then-IMF First Deputy Managing Director David Lipton in 2018.
Saul Loeb/AFP/Getty Images

Global slowdown could hold back U.S. economy

Jul 29, 2019
In setting U.S. monetary policy, the Fed is eyeing the global impact of trade wars and other economic troubles.
A man looks at a screen showing global stock market information on the street in Tokyo on in 2015.
Chris McGrath/Getty Images

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

The IMF cuts global growth outlook to 3.3 percent

A conversation with the IMF's chief economist about the lowest global growth rate since the financial crisis.
IMF Chief Economist Gita Gopinath speaks during a press conference in Washington, DC on April 9, 2019.
Andrew Caballero-Reynolds/AFP/Getty Images

What Brexit means for business

Mar 28, 2019
A market owner, cheesemonger and bookseller discuss living with uncertainty.
Gabriel Bouys/AFP/Getty Images

Brexit: What do you want to know?

Mar 12, 2019
Kai Ryssdal and the team are headed for the U.K. as the country navigates its exit from the European Union.
An anti-Brexit demonstrator waves a Union flag alongside a European Union flag outside the Houses of Parliament in London on March 28, 2018.
TOLGA AKMEN/AFP/Getty Images