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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers

While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …

Filip De Mott   


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China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says

The yuan has seen a boost in the share of global payments using the currency this year, which could…

Aruni Soni   


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Dollarization would eliminate Argentina's future inflation risk, former IMF board member says

"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the I…

Filip De Mott   


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1 min read

The current banking crisis is a 'worldwide phenomenon' that started long before SVB failed, Harvard professor and former IMF economist says

A leading scholar of financial crises says the banking crisis ensued after a number of years of ult…

Morgan Chittum   


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The US needs to get its ballooning debt problems under control to keep the dollar dominant, former IMF official says

US debt could notch 181% of GDP over the next 30 years, according to a recent Congressional Budget …

Jennifer Sor   


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The IMF is predicting more pain for global stocks as central banks tighten monetary policy

"We could certainly see further tightening of financial conditions," the IMF told CNBC. "Risk asset…

Isabelle Lee   


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Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF

The IMF says falling home prices could pressure financial markets as interest rates rise. Here's it…

Carla Mozée   


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Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says

The IMF now expects Russia's GDP to more than double to 2.6% this year and flagged "high military s…

George Glover   


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Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says

The top economist's comments as the South American nation struggles with a collapsing currency, tri…

Zahra Tayeb   


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1 min read

Recession risks are heightened amid stubbornly high inflation and banking sector turmoil, IMF says

"Recession concerns have gained prominence, while worries about stubbornly high inflation persist."

Morgan Chittum   


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3 mins read

How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist

Insider's Phil Rosen interviews Guy Berger, LinkedIn's principal economist and head of macroeconomi…

Phil Rosen   


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Sanctions on Russia could eat away at the dollar's global dominance and boost the use of crypto, IMF says

As countries turn to other currencies in international trade, "fragmentation at a smaller level is …

Adam Morgan McCarthy   


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4 mins read

Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?

The economist has been loudly calling for the economy to enter a tailspin, continuing a long run of…

Jennifer Sor   


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The dollar's demise has been over-exaggerated

Dollar holdings actually gained last year among global reserves, casting a shadow over last year's …

Filip De Mott   


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Stock market today: US stocks end mixed as bond yields climb ahead of latest inflation data

The 10-year Treasury yield reached a 2024 high Monday as investors continue to adjust their expecta…

Filip De Mott