The Latest Breaking News from International Monetary Fund

Advanced economies bear brunt of slowdown, where growth is likely to fall from 2.7% in 2022 to 1.5% this year and 1.4% next year.‌

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The UK is expected to be the second slowest-growing economy in the G7 this year, the International Monetary Fund has said, despite a major upgrade…

NEW DELHI: The International Monetary Fund (IMF) on Tuesday slightly upgraded its global growth outlook for this year on Tuesday, attributing it to resilient economic activity in the first quarter. However, the IMF also cautioned about persistent challenges that could dampen the medium-term outlook.

The International Monetary Fund said it expects UK output to grow by 0.4% this year.

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body