WASHINGTON, July 25- The International Monetary Fund urged Ukraine's leaders on Friday to press forward with "steady implementation" of economic reforms agreed with the fund, a day after the prime minister tendered his resignation.» Read More
WASHINGTON, June 26- Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.
LUXEMBOURG, June 20- The European Union will review its fiscal rules at the end of this year to see if they can be made simpler and more efficiently used to encourage growth and jobs after years of budget consolidation.
BRUSSELS, June 19- The European Union needs a strong system in the euro zone to handle big banks that get into trouble, the International Monetary Fund said on Thursday, highlighting what many experts see as the weak point of the EU's banking union.
GENEVA, June 18- Members of the Group of 20 leading economies are still doing more to restrict trade than to liberalise it, according to a report published by major world agencies on Wednesday.
ROME, June 17- Italy's economic recovery remains fragile and Matteo Renzi's government needs to take rapid steps to increase the country's growth potential and cut debt, the International Monetary Fund said on Tuesday.
*IMF cuts 2014 U.S. growth forecast to 2 percent. WASHINGTON, June 16- The International Monetary Fund cut its growth forecast for the United States on Monday and said the economy would not reach full employment until the end of 2017, allowing interest rates to be held near zero for longer than financial markets expect.
WASHINGTON, June 16- Weak economic growth in the United States is a temporary phenomenon, with limited impact on the rest of the world, the head of the International Monetary Fund said on Monday. U.S. growth in the first quarter contracted due to a harsh winter, but the IMF said it is likely to rebound.
WASHINGTON, June 16- The head of the International Monetary Fund said on Monday that the U.S. Federal Reserve should move interest rates up only gradually when it finally begins to lift borrowing costs from near-zero.
GROWTH AROUND 2 PCT FOR NEXT SEVERAL YEARS, BELOW HISTORIC AVERAGE; SEES ECONOMY REACHING FULL EMPLOYMENT ONLY BY END-2017.
IMF SEES RISK OF' SIGNIFICANT' MARKET VOLATILITY IN MONTHS AHEAD, EVEN IF U.S.
WASHINGTON, June 16- The International Monetary Fund cut its growth forecast for the United States on Monday and said the economy would not reach full employment until the end of 2017, allowing the Federal Reserve to bide its time before raising interest rates.
WASHINGTON- International Monetary Fund releases its annual review of the U.S. economy- 1330 GMT. SANTANDER, Spain- Seminar on "The Europe left by the crisis". Speakers:- European Commission President Jose Manuel Durao Barroso, Spain's Economy Minister Luis de Guindos and Bank of Spain Deputy Governor Fernando Restoy.
WASHINGTON, June 13- The U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the Organization for Economic Cooperation and Development said on Friday.
*Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.
*Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks dropped on Wednesday, with the Dow and S&P 500 pulling back from recent record highs, following the World Bank's reduction of its global growth forecast.
OTTAWA, June 11- The Organization for Economic Co-operation and Development endorsed the Bank of Canada's accommodative monetary policy on Wednesday but recommended that Canadian authorities tighten mortgage insurance further to promote financial stability. The Bank of Canada has kept its policy rate at 1 percent since September 2010.
WASHINGTON, June 10- The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion in the first half of the year.
BEIJING, June 5- The International Monetary Fund recommended that China adopt an economic growth target of about 7 percent for 2015 and urged authorities to avoid further stimulus measures and concentrate on curtailing financial risks instead.
BEIJING, June 6- China aims to cut the proportion of cash that commercial banks must keep with the People's Bank of China, the country's banking regulator said on Friday, signalling further monetary loosening although the IMF and World Bank say its economy is doing fine.
BEIJING, June 6- China is likely to meet its economic growth target of 7.5 percent this year, the World Bank said on Friday, but must persevere with fiscal and financial sector reforms to deal with the root cause of its debt problems.