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Global economy dangerously close to a recession: World Bank

"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, t…

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AI will be bad news for plenty of workers, warns IMF chief

Kristalina Georgieva told the World Economic Forum in Davos about the risks of AI, which could also…

George Glover   


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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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Huge growth in an 'opaque' corner of global finance could be a risk to broader market stability, IMF warns

"The migration of this lending from regulated banks and more transparent public markets to the more…

Filip De Mott   


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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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It's only going to get tougher for global growth this year as economies navigate 'very choppy waters', IMF chief says

"It's going to be a tough '22, but maybe even a tougher 2023," IMF boss Kristalina Georgieva told R…

Zahra Tayeb   


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The IMF thinks we may actually skirt a recession. It is also surprisingly upbeat about Russia's economy.

It expects the world economy to grow by 2.9% in 2023 — higher than its October forecast— thanks to …

Huileng Tan   


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The IMF thinks we may actually skirt a recession. It is also surprisingly upbeat about Russia's economy.

It expects the world economy to grow by 2.9% in 2023 — higher than its October forecast— thanks to …

Huileng Tan   


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IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates

The US is likely to narrowly avoid falling into a recession, and there's a chance the Fed can nail …

Zinya Salfiti   


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US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns

US commercial real estate is undergoing a striking level of price decline, the International Moneta…

Filip De Mott   


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IMF warns of an increased risk of recession in the next 12 months, says the global economy has 'darkened significantly'

The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hun…

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Oil prices plunge as global growth and US recession warnings keep piling up

The IMF slashed its forecast for global economic growth to 3.6% for 2022 and 2023, while Fannie Mae…

Brian Evans   


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The IMF warns of bond market risks amid fears of a Silicon Valley Bank repeat

The IMF called for regulators to increase their scrutiny of the financial sector, as higher yields …

Filip De Mott   


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A Russian gas cutoff would send Europe into recession unless nations around the world pooled their dwindling supplies together, IMF says

Under a best-case scenario, the EU's economy would contract by 0.4%, but shrink by more than 2% in …

Phil Rosen   


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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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The looming global recession will mean falling income, rising prices, and job losses even worse than expected, IMF director says

The world is set to lose $4 trillion in economic output — the size of Germany's economy — by 2026, …

Ben Winck