News

Global debt crisis looms as tariffs and inflation bite, IMF forecasts
Global public debt peaked in 2020 as governments borrowed heavily for COVID-19 relief. But it has been edging back up, and ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’
It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
IMF cuts growth forecasts for most countries in wake of century-high US tariffs
The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, ...
IMF Urges BOJ Flexibility on Tightening as Trump Dents Outlook
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
Uncertainty expands debt in developing countries, IMF warns
In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...
IMF expects BOJ to delay further rate hikes due to tariff uncertainty
The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...
International Monetary Fund lifts Australian inflation forecast, tips economic growth to slow
Donald Trump’s tariff war will cost the Australian economy $13bn this year, the International Monetary Fund says.