The Latest Breaking News from WEO

Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stability

Asia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been impacted by an oil shock from the ongoing Middle East war, raising near-term price expectations. The International Monetary Fund emphasizes the need for clear communication from central banks on maintaining price…

The Economic Times · Oct 15

IMF upgrades 2026 global growth forecast but war and debt threaten outlook

The IMF has raised its 2026 global growth forecast slightly to 3.1%, citing the resilience of advanced economies despite rising energy prices caused by the Iran war. But it warned that poorer countries that are not benefiting from the AI boom remain particularly vulnerable to energy shocks, economic uncertainty and…

France 24 · Oct 13

UK faces highest inflation in G7 this year and next, IMF warns

According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026

The Guardian - UK · Oct 14, 2025

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…

International Business Times · 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

The Guardian - UK · Apr 16, 2024

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 Guardian - UK · Oct 10, 2023

IMF Issues Growth Warning as it Lowers 2023 Forecast

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. Concerns over high inflation, rising geopolitical tension and financial stability all hang over the updated forecasts, with the impact…

Asharq Al-Awsat · Apr 11, 2023

UK economy forecast to shrink by 0.3% this year, says IMF

IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and inflation

The Guardian - UK · Apr 11, 2023

IMF criticises Kwarteng again over tax cuts and energy package

Fund says chancellor’s measures have made Bank of England’s battle against inflation more difficult

The Guardian - UK · Oct 11, 2022