International Monetary Fund (IMF) chief Christine Lagarde speaks about the upcoming IMF and World Bank meetings while inside the Jack Morton Auditorium at George Washington University in Washington, October 3, 2013. Failure to raise the US debt …
TOKYO (Reuters) – A prolonged U.S. budget standoff would hit global markets very hard, the Bank of Japan warned on Friday as it said it was ready to top up its existing massive stimulus if the recovery underway in the world's third-largest economy was …
While Mr. Mauldin won't pinpoint the date of the impending economic disturbance, he warns that monetary accommodation must end one day, and when it does, he warns that the global economy will suffer greatly. Mr. Mauldin is joined by Wall Street Journal …
“The (federal) government shutdown is bad enough, but failure to raise the debt ceiling would be far worse, and could very seriously damage not only the U.S. economy, but the entire global economy,” she said. “So it is 'mission-critical' that this be …
The global economy is experiencing “transitions on an epic scale”, the International Monetary Fund managing director said on Thursday, warning that turbulence in emerging markets could knock 0.5 to 1 percentage point off their growth. Christine Lagarde …
The global manufacturing economy saw a modest pace of expansion in September, rounding off its best quarter for just over two years. The ongoing recovery again failed to filter through to the labour market, however, as employment levels were broadly …
PARIS (Reuters) – The impact on the global economy from the partial shutdown of the U.S. government will not be excessive if it does not last long, the European Union's top economic official said on Tuesday. "It is very disappointing that the U.S …
NEW YORK: Bill Gross, manager of the world's largest bond fund at Pimco, said Wednesday that the global economy may be facing low policy rates for decades. "Right now the market (and the Fed forecasts) expects fed funds to be 1 percent higher by late …
The global economy will probably withstand the US government's first partial shutdown in 17 years even as financial market volatility rises in coming days, analysts and policy makers say. A one-week shutdown of some government services should have a …