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The Latest Breaking News from International Monetary Fund

Stunned resignation and foreboding: a week in Trump’s shadow at IMF

Few policymakers mention US president by name, but his tariffs dominate IMF-World Bank meeting

The Guardian - UK

Company insolvencies jump in March ahead of cost increases and tariffs

The figures relate to the period directly before firms faced higher employment costs, with company national insurance contributions rising in April.

Evening Standard

Voices: When flag-waving Rachel Reeves went to Maga-land, cap in hand

SKETCH: Appearing on Donald Trump’s favourite US cable news channel, the chancellor hadn’t looked so eager-to-please since her interview for the Bank of England grad scheme, says Joe Murphy

The Independent UK

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Reeves to hold trade talks with US counterpart in Washington

Rachel Reeves will conclude her trip to the IMF’s spring meetings with talks on a potential US-UK trade deal.

Evening Standard

West ‘cannot be agnostic or naive’ about where goods are made, Reeves tells IMF

The Chancellor was speaking ahead of a meeting with US Treasury secretary Scott Bessent on Friday.

Evening Standard

US and China holding talks on trade war, Trump says after Beijing rebuttal

President’s comments follow Chinese government’s denial of ‘baseless’ claim that Washington was close to deal

The Guardian - UK

UK economy faces growth shock from Trump tariffs, says Bank governor

Andrew Bailey says UK not close to recession but he would be ‘encouraged’ if trade deal with US were agreed

The Guardian - UK

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Reeves moves to appease Trump with new vision for global trade

As the UK scrambles to get a US trade deal, Rachel Reeves has made a speech calling for a new global trade system aimed at dealing with concerns raised by Donald Trump

The Independent UK

Reeves to say global trade should provide ‘security for working people’

Chancellor Rachel Reeves is in Washington for the International Monetary Fund’s spring meeting of finance ministers from the G7 and G20.

Evening Standard

IMF chief urges US to strike trade deals swiftly to limit damage to global economy

Kristalina Georgieva calls for trade policy settlement and says tariff wars have ‘spiked uncertainty off the charts’

The Guardian - UK

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.”

Euronews

IMF urges global leaders to resolve trade tensions rapidly, as China tells US to ‘cancel all unilateral tariffs’ – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Thursday briefing: Rachel Reeves heads to Washington in pursuit of a trade deal – will she get one?

In today’s newsletter: The chancellor faces a pivotal moment in the US as she navigates high-stakes negotiations with the Trump administration

The Guardian - UK

US trade talks overshadow Reeves’s mission to Washington

The Chancellor has travelled to the US capital for the International Monetary Fund (IMF)’s spring meetings.

The Independent UK

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Fortune

Scott Bessent says the World Bank and IMF need a total overhaul: 'Mission creep has knocked these institutions off course'

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.

Evening Standard

US ‘keen to do a deal’, says Rachel Reeves as she outlines red lines ahead of trade talks

Chancellor expected to meet US Treasury secretary Scott Bessent on Friday in an attempt to make progress on negotiations for a UK-US economic deal

The Independent UK

US ‘keen to do a deal’, says Chancellor ahead of trade talks

Rachel Reeves has travelled to the US capital for the International Monetary Fund’s spring meetings of G7 and G20 finance ministers.

International Business Times

US Treasury Chief Says IMF, World Bank Must Be 'Fit For Purpose'

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be promoting economic growth instead of social issues.

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The Guardian - UK

Rachel Reeves dashes hopes of early breakthrough in UK-US trade deal

Chancellor says UK is ‘not going to rush a deal’ and rejects new US demands on agricultural products

The Independent UK

Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

Fortune

Scott Bessent says China must move away from export overcapacity and American overreliance: 'Everyone knows it needs to change'

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first does not mean America alone,” sharing that more than 100 countries have come to the table to talk trade deals.

The Conversation

IMF World Economic Outlook: economic uncertainty is now higher than it ever was during COVID

The International Monetary Fund (IMF) has just published its World Economic Outlook, and it does not take an expert to deduce that, even among some of the world’s top economic minds, confident predictions are currently hard to come by.

The Guardian - UK

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

The Independent UK

Watch: Rachel Reeves gives speech on UK economy at International Monetary Fund in Washington DC

Watch again as chancellor Rachel Reeves gave a speech on the UK economy at the International Monetary Fund in Washington DC on Wednesday (23 April).

The Conversation

Could Trump be leading the world into recession?

Growth forecasts for the US and other advanced economies have been sharply downgraded by the International Monetary Fund (IMF) in the wake of dramatic swings in US president Donald Trump’s economic policy. But could the uncertainty and the turmoil in financial markets eventually be enough to push the world into…

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