NEW YORK, Oct 30- Oil prices fell about 1 percent on Thursday, resuming their downtrend after a two-day climb, as the dollar surged on bets of a sooner-than-expected U.S. interest rate hike and traders appeared resigned that producer group OPEC won't do much to cut output next month. "We're back to the mantra that the U.S. economy will lead the way to higher rates from...» Read More
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.
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.
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- 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.
BEIJING, June 5- The International Monetary Fund cut its 2015 economic growth forecast for China to about 7 percent, but urged authorities to avoid further stimulus measures and concentrate on curtailing financial risks instead.
BEIJING, June 5- China only needs to provide additional stimulus if economic growth slows "significantly" below 7.5 percent, the IMF said on Thursday. China's economy is on track to grow around 7.5 percent this year- in line with the government's target, the International Monetary Fund said. It also said that China's yuan is moderately undervalued.
While rates are rising as much as 3 percent a year in countries such as Australia, France, Mexico and Switzerland, they have been fairly stable in other countries such as the Unites States, Canada, Korea and Italy, the Organisation for Economic Cooperation and Development said in report.
*Ukraine election could send jitters through markets. LONDON, May 25- Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.
ST PETERSBURG, Russia, May 24- Russian Economy Minister Alexei Ulyukayev said on Saturday he was confident that the European Union would refrain from imposing sanctions that could hit some of the country's major exports.
PARIS, May 15- Weak consumer spending and business investment brought France's economy to a standstill in the first quarter of the year, raising doubts over the government's growth forecast and its pledge to meet EU deficit targets.