News

IMF expects BOJ to delay further rate hikes due to tariff uncertainty
The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...
Bessent assails IMF and World Bank and says there’s an ‘opportunity for a big deal’ with China
WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the ...
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect ...
IMF Urges BOJ Flexibility on Tightening as Trump Dents Outlook
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Bessent says US will seek reforms of IMF, World Bank
Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...
Bessent targets IMF and World Bank, says they are ‘falling short’ because of ‘mission creep’
Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying ...
The IMF forecasts a seismic shift in the global economy
The International Monetary Fund has drastically cut its growth projections for this year and 2026, warning of an unsteady ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
IMF Issues Playbook for Faster Sovereign Debt Restructurings
Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The narrower gap between spending and revenue is "contingent on higher tariff revenues," according to the report. The level ...