Coronavirus - COVID-19
IMF Upgrades Global Economic Forecast for 2021
Amid ‘exceptional uncertainty,’ World Economic Outlook projects 2021 growth of 5.5% after a 3.5% contraction in 2020.
Tag: IMF
IMF Upgrades Global Growth Forecast But Still Sees Deep Recession
Organization warns pandemic will reverse progress made in reducing global poverty and will increase inequality.
Asset Allocation
IMF Expects Worst Economic Fallout Since Great Depression
Group proposes four-point plan for ‘bridge to recovery,’ saying many emerging countries will need a reallocation of their limited public resources and an increase in the world’s flow of resources to them.
Risk
Negative Surprises Spurs IMF to Cut Global Growth Forecast
IMF sees few signs of a turning point amid ‘new normal’ of higher uncertainty.
Market Moves
Dr. Doom Forecasts a Recession in 2020
Economist Nouriel Roubini sees a continued trade war and spiking oil prices as the catalysts.
IMF, OECD Global Forecasts Increasingly Downbeat
Decline in growth expectations coincided with start of US-China trade war.
Regulation
Italy Moves to Lower Pension Eligibility Age in Budget Proposal
European Union has to approve the measure, which is aimed at making room for younger workers.
IMF Warns Tariffs, Tensions Pose Risk to Global Growth
Organization says tariffs and retaliation could ‘derail’ recovery.
Newsmakers
World Bank, IMF Concerned over Ukraine Pension Reform
The two institutions object to amendments made to proposed pension bill.
IMF Downgrades US, UK Growth, Upgrades Eurozone
Says US fiscal policy will be less expansionary than previously assumed.
Research
Atlanta Fed Revises US Growth Outlook, Clashing with IMF Views
“Medium-term imbalances” cast a cloud on the outlook, according to a report.
IMF, Ukraine Discuss Implementing Pension Reforms
Nearly two-thirds of all retirees in Ukraine receive the minimum pension.
Research
IMF Urges Millennials to Prepare for ‘Pension Shock’
Young workers will have to work longer and save more than previous generations.