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The Latest Breaking News from PierreOlivier Gourinchas

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

International Business Times · Jan 17, 2025

IMF upgrades UK growth forecast and takes swipe at Trump plans

UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy

The Guardian - UK · Jan 17, 2025

Increase in Tariffs Would Trigger Global Economic Decline, Study Finds

A new IMF study finds that a global increase in tariffs could decrease global GDP by nearly 1 percent by 2025 and over 1 percent by 2026.

Reason · Oct 29, 2024

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Australia facing further economic troubles

Australia is facing ongoing economic challenges as Labor holds out hope interest rates will come down before the federal election.

AAP · Oct 22, 2024

IMF Predicts Slightly Slower Global Growth In 2024 And 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked "important" regional and sectoral shifts.

International Business Times · Oct 22, 2024

IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%

The Guardian - UK · Oct 22, 2024

While the IMF is upbeat about global growth it knows where dangers lurk

Optimistic forecasts could be upset by high borrowing costs, war in the Middle East – or a Trump election win

The Guardian - UK · Oct 22, 2024

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IMF upgrades UK economic growth as elections drive global uncertainty

It came as the financial agency held its forecasts for the global economy steady for 2024, with a slight downgrade for next year.

Evening Standard · Oct 22, 2024

IMF warns markets are underestimating geopolitical risks; UK faces a ‘narrow path’ on debt reduction – as it happened

IMF predicts UK will grow by 1.1% this year, making it the joint third-fastest G7 country, but debt consolidation will be a challenge

The Guardian - UK · Oct 22, 2024

Signs point to slow start for economy in new year

Australia can expect lacklustre economic growth into early next year, with small businesses particularly vulnerable to sour economic conditions.

AAP · Jul 16, 2024

IMF Maintains 2024 Global Growth Forecast, Warns Of Inflation Risk

The IMF held global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.

International Business Times · Jul 16, 2024

IMF's economic view: Brighter outlook for China and India but tepid global growth

The International Monetary Fund is upgrading its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan

The Independent UK · Jul 16, 2024

UK interest rates will stay high unless service sector inflation falls, says IMF

Warning comes as Bank of England policymakers say price growth in service sector could become embedded

The Guardian - UK · Jul 16, 2024

Middle East conflict risks sharp rise in oil prices, says IMF

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares

The Guardian - UK · Apr 16, 2024

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AAP · Apr 16, 2024

Budget clouded by global wars and weak economic growth

Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.

International Business Times · Apr 16, 2024

Mideast-related Oil Price Spike Threatens 'Relatively Good' Economic Outlook: IMF Chief Economist

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

The Guardian - UK · Apr 16, 2024

UK households face second year without improved living standards, says IMF

Growth per head will remain flat this year as the effects of high inflation take time to abate

Reason · Apr 3, 2024

With Rising Debt, the U.S. Federal Government Is in Bad Company

Governments around the world have been on a borrowing spree, and prosperity has suffered.

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IMF Upgrades Global Economic Outlook, Expects Soft Landing

The International Monetary Fund forecasts resilient global economic growth led by the US and lower inflation rates, raising hopes for a soft landing.

International Business Times · Jan 30, 2024

IMF Lifts Global Growth Forecast Citing Unexpected 'Resilience'

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.

The Guardian - UK · Jan 30, 2024

IMF warns Jeremy Hunt against tax cuts in budget

Lower tax levels may not be possible without extra borrowing or post-election spending reductions, says Washington-based body

The Independent UK · Oct 10, 2023

IMF outlook worsens for a world economy left 'limping' by shocks like Russia's war

The International Monetary Fund warns that the world economy is losing momentum in the face of higher interest rates, the ongoing war in Ukraine and widening geopolitical rifts

The Guardian - UK · Oct 10, 2023

UK interest rates will need to stay high into 2024, warns IMF

Britain faces ‘fairly subdued’ growth and ‘persistent’ inflation, global economic health check finds

The Hindu · Jul 26, 2023

Resilient, but just: On the IMF’s economic outlook and lopsided growth

That there needs to be a concerted global debt resolution initiative to help highly indebted countries from sliding into debt distress cannot be ignored

Zenger · Jul 26, 2023

IMF Forecasts Global Growth Slowdown To 3% Amid Decreasing Inflation

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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