The International Monetary Fund warned on Tuesday that upside risks to inflation had increased and questioned the prospect of multiple interest rate cuts from the Federal Reserve this year. In its latest global economic outlook update, the IMF said: “Global disinflation momentum is weakening, indicating bumps in the road.” The rise in sequential inflation in…
The illuminated verandas of historic terraced houses can be seen through the branches of trees in Ruskin Park and in the distance the growing development of Nine Elms on May 14, 2024 in London, England. Richard Baker | In pictures | Getty Images LONDON – The International Monetary Fund on Tuesday raised its growth outlook…
IMF Managing Director Kristalina Georgieva arrives for a briefing in Washington, DC on Friday, April 19, 2024. Bloomberg | Bloomberg | Getty Images The head of the International Monetary Fund urged Europe on Thursday to realize the full potential of its valuable domestic market, complaining that the region looks like what she described as an…
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a briefing on the global policy agenda at IMF headquarters during the IMF-World Bank Spring Meetings in Washington, DC on April 18, 2024. Almond Ngan | Afp | Getty Images Kristalina Georgieva, managing director of the International Monetary Fund, played down the prospect of negative…
