IMF forecasts slower global growth

by
Oct 9, 2018
The International Monetary Fund said Tuesday it’s shaving off some of its earlier optimism about world economic growth over the next couple years. It has downgraded its growth forecast for this year from 3.9 percent to 3.7 percent, and for…

Argentina – another emerging market economy feels the heat

by
Aug 30, 2018
What kind of shape is South America's second-largest economy in?
Currency exchange values are displayed in the buy-sell board of a bureau de exchange in Buenos Aires, on August 29, 2018. - Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program. The development came amid heightened volatility in the South American country's financial and currency markets, which have been battered by uncertainty over inflation, an economic downturn and budget deficits.
EITAN ABRAMOVICH/AFP/Getty Images

Venezuela launches new currency, but problems remain

Aug 20, 2018
Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund.…
A man shows new five Bolivar-notes in Caracas on Aug. 20, 2018.
FEDERICO PARRA/AFP/Getty Images

IMF bumps up U.S. growth projections for 2018

Apr 17, 2018
The International Monetary Fund raised its growth target for the American economy today to 2.9 percent. That’s very close to the three percent forecast the Trump administration promised.  In a conversation about President Donald Trump’s tax cuts and the overall state…

Will Congress pass any big legislation in 2017?

Oct 13, 2017
Let's wrap up the week in business and economic news.
 Storm clouds fill the sky over the U.S. Capitol Building.
Mark Wilson/Getty Images

The IMF meets in Washington this week

Oct 12, 2017
The IMF meets all this week in Washington. The meeting opens with global economic growth projections better than expected — 3.6 percent this year. But the growth can be uneven globally.  Click the audio player above to hear the full story.

The IMF faces scrutiny by Trump team

Mar 27, 2017
President Trump’s “America first” rhetoric has been critical of international cooperation across the board. Trump called NATO “obsolete” and NAFTA the “worst trade deal ever.” And his administration announced plans earlier this month to nominate a fierce critic of the…

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IMF warns against protectionist sentiment

Oct 4, 2016
At its annual meeting in Washington D.C., the IMF sees threats to global growth.
ZACH GIBSON/AFP

IMF worried about growth at meeting in Washington

Oct 4, 2016
This week's International Monetary Fund meeting is expected to discuss growth and jobs.
International Monetary Fund Managing Director Christine Lagarde speaks during a press conference at the IMF Headquarters on Friday in Washington, D.C. 
ZACH GIBSON/AFP/Getty Images

Egypt asks for IMF loan to help struggling economy

Jul 29, 2016
The government hopes to shore up its liquidity problem and stabilize the currency.
The Egyptian government is hoping an IMF loan will help stabilize its currency.
emi moriya/Flickr

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