The U.S. is proving to be an oasis of prosperity in the midst of a troubled world economy. Unemployment (USURTOT) dropped to a six-year low of 5.9 percent in September as payrolls rose by a greater-than-forecast 248,000, a Labor Department report …
WASHINGTON — The global economy could be stuck in a weak growth rut for a long time as countries struggle to pull free from a past of high debt and unemployment, the head of the International Monetary Fund (IMF) said today (Oct 2). The economic …
The only thing cheerful about the head of the International Monetary Fund (IMF) today was the colour of her scarf. But even the flash of bright turquoise couldn't make up for what Christine Lagarde called the storm clouds surrounding the global economy.
WASHINGTON (MNI) – Even six years after the financial crisis, recovery has been weak and the lingering impacts have brought the global economy to "an inflection point," the head of the International Monetary Fund said Thursday, as she called for a new …
The cross-currents of the global economy leave the world's central banks confronting varied policy choices in the months ahead. The U.S. and U.K. recoveries finally have enough momentum for the Federal Reserve and Bank of England to anticipate raising …
"Market players moved to avoid riskier assets because of fresh uncertainty over the global economy," said Hiroichi Nishi, assistant general manager of equity research at SMBC Nikko Securities Inc. Selling was also traced to Prime Minister Shinzo Abe's …
LONDON (Reuters) – A sharp fall in energy prices around the world signals worse to come for the slowing global economy as China's decade-long boom peters out, in addition to Europe's long struggle with recession. The price of oil, the world's most …
Bolder policies can inject a new momentum into the world economy to help it overcome what has been so far a disappointing recovery, IMF Managing Director Christine Lagarde said. In a Washington speech heralding next week's IMF-World Bank Annual …
“Our main job now is to help the global economy shift gears and overcome what has been so far a disappointing recovery: one that is brittle, uneven and beset by risks,” Lagarde said at a discussion on the global economy at Georgetown University Thursday.