IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of its prized…
Biden blames China, Japan and India’s economic woes on ‘xenophobia’
President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S.…
Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Markets are pricing in rate cuts too soon, IMF’s Gopinath says
Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…
