European and US stock markets have seen sharp falls as fears have deepened over prospects for the global economy. London's FTSE 100 share index fell 1.4% to 6,339.97, a 12-month low, as did Germany's Dax. France's Cac-40 fell to it lowest level in 2014 …
WASHINGTON (Reuters) – The Federal Reserve is unlikely to disrupt the global economy when it finally gets around to raising interest rates, the central bank's No. 2 official said on Saturday, seeking to ease concern the move could upend the flow of …
FINALLY the penny (or should it be the pfennig) is dropping. The global economy isn't really doing that well. Your blogger has been banging on about this for months now; while the US economy may have recovered from the surprise drop in Q1 GDP, data …
Evidence that the global economy may be unexpectedly stalling has jarred prominent economists and policy makers gathered in Washington for the annual meetings of the International Monetary Fund and World Bank. At a conference on Thursday, Lawrence …
That's the bleak picture facing global finance officials who are meeting this week in Washington to consider policies to address the world's uneven growth. Their meetings follow downbeat assessments of the global economy issued this week by the …
"In many cases, they borrow for free and buy financial assets, as opposed to investing it in the real economy. As a result, we're seeing distortions that central banks, and the Fed being one of them, want to correct." His words of warning to investors …
Large parts of the world seem to be on the verge of a recession. In many countries in Europe, Asia and Latin America, economic growth has already stalled. Yet many finance ministers and central bankers who are meeting in Washington this week are …
Gold prices rose, capping the biggest three-day rally since June, after Federal Reserve policy makers said a global economic slowdown poses potential risks to the U.S.. A number of participants said growth “might be slower than they expected if foreign …
One reason the financial markets dropped yesterday was a new International Monetary Fund global growth forecast. The IMF projected in July that the global economy would grow 4% in 2015. Now they've revised their estimate down to 3.8%. The IMF may be …