International Monetary Fund

• Bank of Canada should consider better communication of monetary policy: IMF

  In a statement, the IMF said strengthening communications could include explanations on how quickly the Bank of Canada thinks the policy rate could return to neutral.

  Economy

  Jun 11
  
• ‘Pockets of resilience,’ slowing momentum in global economy: IMF

  The International Monetary Fund said that inflation "seems to have peaked" in 2022, and core inflation, while also easing, remains above targets in most G20 countries.

  World

  Jul 13, 2023
  
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• Canada is not immune to banking instability, central bank chief warns

  Bank of Canada governor Tiff Macklem reiterated his confidence in the country's financial system on Thursday but said policymakers can't be 'complacent' about banking risks.

  Economy

  Apr 13, 2023
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• Financial markets have good reasons to be upbeat on economy: IMF chief

  IMF Managing Director Kristalina Georgieva, speaking at the World Government Summit, described the IMF's outlook for 2023 as "less bad, not good."

  Economy

  Feb 13, 2023
• IMF projects rosier global economic outlook for 2023, expects inflation to ease

  The International Monetary Fund now expects the world economy to grow 2.9 per cent this year thanks to China dropping its zero-tolerance COVID-19 measures.

  Economy

  Jan 30, 2023
• Fragmentation could cost global economy up to 7% of GDP: IMF

  The note said that the global flows of goods and capital had leveled off after the global financial crisis of 2008-2009, and a surge in trade restrictions seen in subsequent years.

  Economy

  Jan 15, 2023
• Global economy faces ‘tougher’ year in 2023, IMF head warns

  "Why? Because the three big economies -- the U.S., EU and China -- are all slowing down simultaneously," Kristalina Georgieva said.

  World

  Jan 1, 2023
• Central banks must continue raising interest rates to hit ‘neutral’ level: IMF chief

  Central banks have to bring rates up because "when inflation runs high, that undermines growth, it hits the poorest parts of the population the hardest," says Kristalina Georgieva.

  World

  Oct 26, 2022
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• As IMF warns of economic slowdown, Canada’s labour market could be critical buffer

  There are silver linings in Canada to the "dire warnings" from the International Monetary Fund about a global economic slowdown, economists argue.

  Economy

  Oct 11, 2022
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• 2023 will ‘feel like a recession’ for many, IMF warns in revised global outlook

  The International Monetary Fund said its latest World Economic Outlook forecasts show that a third of the world economy will likely contract by next year.

  Economy

  Oct 11, 2022