Jim Rickards, Senior Managing Director at Tangent Capital, explains how the new bank differs from the World Bank and the International Monetary Fund.» Read More
WASHINGTON, June 30- The International Monetary Fund's board on Monday confirmed Cyprus was on track with the conditions of its bailout program, enabling the immediate disbursement of 84 million euros.
NEW YORK, June 27- Wall Street may kick off the second half of the year with an uptick in volatility, thanks to the June jobs report and plenty of other market-moving data in a short trading week. Federal Reserve Chair Janet Yellen is scheduled to speak on financial stability at an International Monetary Fund conference in Washington.
LONDON, June 20- International Monetary Fund directors have tentatively approved plans to allow distressed sovereigns seeking IMF assistance to re-profile debt maturities without changing other contract terms.
WASHINGTON, June 20- The International Monetary Fund should ask private bondholders to hold onto the debt of financially distressed countries for longer, as the global lender seeks to improve its sovereign debt restructuring strategy, IMF economists said on Friday.
Speaking to CNBC ahead of a meeting of European finance ministers, Christine Lagarde, Managing Director of the IMF, discusses what she hopes to see from the European Central Bank.
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.
Downward revisions to GDP, a slowdown in home-price increases — what kind of message is this sending to the Fed?
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.
Unless inflationary pressures increase, a hike in the Fed's projections any time soon is unlikely, says John Gorman, Head of US Dollar Rates Trading, APAC, Nomura Securities.
Ray Attrill, Co-Head of FX Strategy at National Australia Bank, says recent economic data from the U.S. indicate that the world's largest economy could see growth of 3 percent in 2014.
Nicholas Holt, Head of Research for Asia Pacific at Knight Frank, says the measures used in the IMF's Global House Price Index are too broad.
CNBC's Steve Liesman speaks to Nigel Chalk, IMF U.S. mission chief, about the IMF's commendation for the U.S. to raise its minimum wage. Chalk also comments on Iraq's impact on growth in the U.S.
*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.
CNBC's Steve Liesman has the latest economic numbers from the International Monetary Fund and its political implications.
IMF SEES' MEANINGFUL' REBOUND IN U.S.
MUST TAKE STEPS TO BOOST PRODUCTIVITY, INCREASE LABOR FORCE PARTICIPATION.
GROWTH FORECAST TO 2 PCT FOR 2014 FROM APRIL FORECAST OF 2.8 PCT, DUE TO WEAK FIRST QUARTER.