Economy

Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’

One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of…

High company valuations a ‘worry,’ IMF’s capital markets chief says

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…

UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness

Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on…

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…

Watch Fed Chair Powell speak live during a policy forum in Washington

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…

IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…