International Monetary Fund

US Economy May Grow Only 2.1% Next Year

The International Monetary Fund has issued its updated World Economic Growth Outlook. In the document, the organization downgraded its global growth forecast to 3.4% gross domestic product expansion. That is ...
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China’s GDP Growth Near Record Low

China reported Friday that the country's gross domestic product growth for the third quarter of the year was 6%. Not since the first quarter of 1992, the first quarter for ...
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IMF 2019-2020 Outlook: Recession or Synchronized Slowdown?

The International Monetary Fund (IMF) has released an update to its latest World Economic Outlook with lower growth expected in 2019. What is interesting about the global outlook, despite all ...
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Eurozone PMI Drops to Near Recession Level

Markit's Eurozone Purchasing Managers' Index (PMI) dropped to near recession levels for September. It is another sign of how close Europe's overall economy is to contraction and how perilous the ...
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How Central Banks Could Help Mitigate Climate Change

When most of us think about how to combat the effects of climate change, we think about policies and programs that are fiscal in nature. The Green New Deal, for ...
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IMF Sours Further on Global Economy

In its midyear update to the World Economic Outlook, the International Monetary Fund (IMF) on Tuesday revised its projections for global growth in 2019 from a prior estimate of 3.3% ...
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IMF Forecasts Net Income of $2.4 Billion in Current Year

The International Monetary Fund has posted its financials. Below are the results: The Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position ...
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IMF Survey Indicates Digital Currencies Backed by Central Banks Could Be Real

Technology-driven advances in providing financial services, widely known as "fintech," are making it easier for ordinary people to gain access to new and more efficient financial products. Like all technological ...
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IMF Issues Review of US Economy, Warns About Debt, Trade

The United States will celebrate the longest economic expansion in history next month. July marks the 10-year anniversary of the turnaround begun in June 2009 to repair the country's economy ...
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US-China Trade War Could Cost Global GDP $455 Billion

Ahead of this week's G-20 meeting of central bankers and finance ministers in Fukuoka, Japan, International Monetary Fund (IMF) managing director Christine Lagarde encouraged them to embrace "trade, innovation and ...
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IMF States the Obvious: US Importers to Bear Weight of Tariffs

As most economists and observers have said since the first Trump tariffs were imposed last August, the International Monetary Fund (IMF) repeated in a Thursday blog post: "Consumers in the ...
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Tesla’s in Trouble but Don’t Panic — Yet

In a worst-case scenario for electric vehicle maker Tesla Inc. (NYSE: TSLA), analysts at Morgan Stanley on Tuesday said that the company's stock price could plummet to $10 a share. ...
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Chinese Tariffs Slowing Global Economy

Just in time for the annual meeting of the high and the mighty at the World Economic Forum in Davos, Switzerland, the International Monetary Fund (IMF) has issued the January ...
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6 Most Important Things in Business Today

Uber's status as the top car-sharing service could hurt the initial public offering of the number two company, Lyft. According to Reuters: Uber Technologies Inc and smaller rival Lyft are ...
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6 Most Important Things in Business Today: Amazon Picks NYC and Virginia

According to the Washington Post, Amazon.com Inc.'s (NASDAQ: AMZN) second headquarters will be split between Crystal City Virginia and New York City. The Washington Post reports: Amazon will open major ...
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