IMF downgrades outlook for world economy, citing trade wars
Warns of threats ranging from heightened political tensions in the Middle East to US-China preventing their trade war from escalating.
IMF warns about housing and household debt, urges more action by government
Further tightening of macroprudential and tax-based measures to mitigate speculative and investment activity should be considered.
Global economy to grow 3.5% this year: IMF
China’s resilience, rising commodity prices, and sturdy financial markets provide sunnier outlook.
Canadian economic growth to pick up from 2016 pace: IMF
Still too soon to predict how the Trump administration will affect the global economy.
IMF lowers Canadian economic growth outlook
US recovery misses expectations.
IMF warns Brexit will drag down world economic growth
It’s shaving its estimate for worldwide growth by 0.1% to 3.1%.
IMF expects $500B revenue loss for Middle East oil exporters
Losses translate into budget deficits and slower economic growth.
IMF chief Lagarde: Global economy is losing momentum
Slow growth risks becoming ingrained as a `new mediocre.’
IMF report cuts growth outlook for Canada to 1% for this year
Organization also lowered its Canadian outlook for 2016 to 1.7% from 2.1%.
Canada’s growth will be ‘solid,’ but less than before oil collapse: IMF
Calls for the Canadian economy to grow 2.2% in 2015, down an earlier estimate of 2.3%.
Debt to disposable income ratio hits new high at 163.3%
Historically low mortgage rates are luring more Canadians into the real estate market.
IMF drops Canadian economic growth forecast
Canada is feeling a pinch from slow growth in major economies, including China, Japan and Russia.
IMF cuts global growth forecasts for next two years
Says slowdowns in Europe, Japan, BRICS outweigh boost from cheap oil.
Burden of economic growth must move away from households: IMF
Sluggish business investment is still holding back growth.
IMF trims global economic forecast for 2014 and 2015
Outlook raises US economic forecast to 2.2% growth this year, up from 1.7%.
IMF says US economic growth at its weakest pace since recession
There’s recovery ahead, however, by 2015 when the US expands 3%, it’s best showing since 2005.
BRICS nations agree to create own development bank in Shanghai
New $100 billion bank is seen as a strong push against the World Bank and the International Monetary Fund.
Amid labour controversies, corporate Canada urged to open coffers
Canadian companies are using more temporary foreign workers and unpaid interns despite sitting on historically high cash reserves.
Growth yes, but IMF still sees plenty to worry about in Canada economy
Financial institution says Canadan exports and business investment will benefit from a US resurgence.
Global relief as US lawmakers avoid default, reopen government
IMF’s Lagarde said the shaky US economy needs more stable long-term finances.
China’s August export growth accelerates
A positive sign for recovery while imports slow
IMF upgrades Canada’s growth expectations to 1.7%
But, the world economy is still in first gear.
G20 finance officials decry lack of global growth
But remain split on best approach to stimulate global economy.
IMF chief calls for more focus on growth, less on trimming
Lagarde warns about the dangers of overemphasizing deficit reduction.
IMF eyes elevating loonie to elite global reserve currencies
Could put more upward pressure on the dollar.
IMF chief says Canada should be economic model
Lagarde says Canada has been a leader in creating monetary policies that weathered the recession.
IMF, World Bank chiefs urge work on sustainable growth
A reduction in debt need over the medium term.
Wen meets Merkel: calls for action on EU debt
Expressing alarm at Europe’s debt problems, Chinese Premier Wen Jiabao called on Greece, Spain and Italy to embrace budget cuts and get their finances in order after meeting today with visiting German Chancellor Angela Merkel.
China’s export growth plunges to 1% in July
Imports also wane in new sign of weakness.
China’s economy achieves soft landing: IMF
But reforms needed for longer-term growth.
Global economy weakening, but Canada continues slow growth: IMF
Overall growth in advanced economies is only expected to hit 1.4% this year.
BoC keeps interest rate at 1%, retreats from rosy forecast
Central bank says economic recovery blown slightly off course by global turbulence.