World Economy Economic Organizations

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  • DIARY-Top Economic Events to Oct 21 Thursday, 8 Oct 2015 | 8:01 PM ET

    LIMA- World Bank holds a discussion on " Unleashing Private Investment in Renewable Energy"- 1600 GMT. LIMA- IMF/World Bank discussion on "Combating Illicit Financial Flows: Turning Commitments into Action"- 1600 GMT. LIMA- IMF/World Bank discussion on "Structural Reforms, Inequality, and Growth"- 1630 GMT.

  • "The exact timing of the Fed move is not decisive for the timing of the move by the Bank of England," Carney said in a seminar at the annual meeting of the International Monetary Fund. Carney made the point that in the five rate cycles since Britain adopted inflation targeting, the Bank of England moved before the Fed in two of them. Asked if the market was right in...

  • UPDATE 1-IMF's Lagarde sees tough policy trade-offs Thursday, 8 Oct 2015 | 1:20 PM ET

    LIMA, Oct 8- International Monetary Fund chief Christine Lagarde urged global policymakers on Thursday to support economic growth while also tackling financial risks stemming from the provision of easy money amid a "rapidly changing and uncertain world." Lagarde, presenting a Global Policy Agenda at the fund's annual meeting in Peru, said a recovery in the...

  • New IMF forecasts this week saw no change to the Fund's projections on China. "I think the probability of a major decrease in growth in China is small." The IMF's forecast of 6.8 percent growth this year in China and 6.3 percent in 2016 stuck out in a week in which U.S. bank Citi's renowned economist Willem Buiter suggested the world economy could be pulled into a...

  • IMF's Lagarde sees tough policy trade-offs Thursday, 8 Oct 2015 | 10:00 AM ET

    LIMA, Oct 8- International Monetary Fund chief Christine Lagarde urged global policymakers on Thursday to support economic growth while also tackling financial risks stemming from the provision of easy money amid a "rapidly changing and uncertain world." Lagarde, presenting a Global Policy Agenda at the fund's annual meeting in Peru, said a recovery in the...

  • Most major economies weakening, eurozone stable -OECD Thursday, 8 Oct 2015 | 6:00 AM ET

    PARIS, Oct 8- Growth seems to be easing off in most of the world's major economies, including the United States and more notably in China, the Paris- based Organisation for Economic Co-operation and Development said on Thursday. However, the euro zone was stable, with growth actually firming up in euro zone countries France and Italy, and also in India.

  • GROWTH MODERATING IN MOST BIG ECONOMIES- U.S., UK, JAPAN AND MORE MARKEDLY IN CHINA- OECD LEADING INDICATOR-.

  • LIMA, Oct 7- China on Wednesday subscribed to the International Monetary Fund's Special Data Dissemination Standard, marking a major step forward for official statistics in the country, the IMF said. The move came as many investors have questioned the reliability of China's data as the country's economic growth has slowed. The IMF forecasts that China's...

  • LIMA, Oct 7- Emerging market companies have an estimated $3 trillion in overextended loans that threaten to trigger a sharp credit crunch and capital outflows in economies that have already been hit hard by low commodity prices, the International Monetary Fund said on Wednesday. Overborrowing in emerging market economies likely adds up to an average of 15...

  • *Copper mkt to swing to small 130,000 T deficit in 2016- ICSG. LONDON, Oct 7- Copper hit a two-week high on Wednesday, driven by rising oil prices and an industry group's forecast for a deficit of the metal next year, although the overall demand outlook remained weak. The International Monetary Fund cut its global growth forecasts for a second time this year on...

  • SINGAPORE, Oct 7- Gold held close to its highest in nearly two weeks on Wednesday, as more sluggish U.S. economic data supported investor views that the Federal Reserve will delay a rate hike to next year. *Spot gold was little changed at $1,147.40 an ounce by 0039 GMT. *The International Monetary Fund cut its global growth forecasts for a second time this year on...

  • TREASURIES-U.S. bond prices rise on growth worries Tuesday, 6 Oct 2015 | 4:38 PM ET

    *Treasury sells $24 billion in 3- year note auction. The Treasury Department will sell $21 billion in 10- year notes on Wednesday and $13 billion in 30- year bonds on Thursday. An earlier bout of selling had pushed yields higher but they later fell as prices rose after International Monetary Fund downgraded its forecast on global growth for the second time this...

  • LIMA, Oct 6- The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed. Among major economies, the United States is expected to grow by 2.6 percent in 2015 and by 2.8 percent in 2016, the Eurozone is...

  • Oct 6- The S&P and the Nasdaq fell on Tuesday morning as worries about economic growth resurfaced at U.S. companies begin to report quarterly results, while a surge in DuPont helped the Dow move higher. DuPont rose 11.1 percent to $56.96 after CEO Ellen Kullman said she would step down. The International Monetary Fund cut its global growth forecasts for a second...

  • The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and said policies aimed at increasing demand were needed. It, however, underperformed the euro, weighed down by soft economic data that have pushed back market expectations of monetary tightening by the...

  • TAKE A LOOK -IMF, World Bank meetings in Lima Tuesday, 6 Oct 2015 | 10:43 AM ET

    Finance ministers and central bankers from around the world are gathering in Lima this week for meetings of the International Monetary Fund and the World Bank. >IMF cuts global growth forecasts again, cites commodity and China worries. >IMF sees China slowdown risks, urges Beijing to float yuan.

  • BEIJING, Oct 6- China's policymakers should forge ahead with structural reforms to put the world's second-largest economy on a more sustainable footing, even as growth is likely to slow further to 6.3 percent in 2016, the International Monetary Fund said on Tuesday. The IMF expects China's growth to slow to 6.8 percent this year from 7.3 percent in 2014, and...

  • LIMA, Oct 6- The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed. Among major economies, the United States is expected to grow by 2.6 percent in 2015 and by 2.8 percent in 2016, the Eurozone is...

  • LIMA, Oct 6- The International Monetary Fund said Tuesday that it now expects Latin America's economy to shrink 0.3 percent this year instead of growing 0.5 percent, largely due to a steep recession in Brazil and slumping commodity prices. The IMF had put 2016 growth at 1.7 percent in its last forecast in July, before regional giant Brazil's economy took a sharp...

  • TOKYO, Oct 6- The Bank of Japan should be ready to ease monetary policy further if needed to accelerate inflation toward its 2 percent target, preferably by buying government bonds with longer maturity, the International Monetary Fund said on Tuesday. Japan's core consumer prices in August marked their first annual drop since the central bank deployed its...