• The European Union on Tuesday chose France's Dominique Strauss-Kahn to head the International Monetary Fund.

  • IMF to Meet Monday on Process to Select New Chief Friday, 6 Jul 2007 | 4:16 AM ET

    The IMF board will meet on Monday at the prompting of developing nations which want Europe and the United States to agree to throw open selection of a new managing director to candidates from around the globe, officials said on Friday.

  • IMF Managing Director Rato to Resign in October Thursday, 28 Jun 2007 | 11:10 AM ET
    International Monetary Fund's Managing Director Rodrigo de Rato listens to a question during the closing press conference of the IMF World Bank annual meetings on Sunday, Oct. 3, 2004, in Washington. (AP Photo/Evan Vucci)

    International Monetary Fund Managing Director Rodrigo Rato said Thursday he would step down from his post in October for "personal reasons."

  • IMF Says BOJ Should Delay Rate Move Amid Tame Inflation Thursday, 24 May 2007 | 1:59 AM ET

    The International Monetary Fund said on Thursday that a rate hike by the Bank of Japan should be delayed until inflation expectations have recovered and the consumer price trend is firmly rising.

  • Venezuela to Quit IMF, World Bank Tuesday, 1 May 2007 | 2:53 AM ET

    Venezuela will withdraw from the Washington-based lending organizations, the IMF and World Bank, in a symbolic move that distances leftist President Hugo Chavez from much of the international economic community.

  • World Bank Group to Discuss President Wolfowitz's Fate Friday, 20 Apr 2007 | 12:53 PM ET

    The World Bank's board on Friday ordered an ad hoc group to discuss the fate of President Paul Wolfowitz, whose leadership has been thrown into turmoil by revelations that he helped his girlfriend get a high-paying job.

  • China Editorial Says IMF "Meddling" in Yuan Issue Wednesday, 18 Apr 2007 | 3:22 PM ET

    The International Monetary Fund (IMF) is "meddling" in China's affairs by saying the country needs a more flexible exchange rate policy, a state newspaper said in an editorial on Tuesday.

  • IMF: World Economy to Grow Strongly in '07 Monday, 8 Jan 2007 | 2:30 AM ET

    The world economy is set to grow strongly in 2007, especially in Europe and emerging Asia, International Monetary Fund Managing Director Rodrigo Rato was quoted on Monday as saying.