IMF to Revise Global Economy Forecast Downward

IMF to Revise Global Economy Forecast Downward

China cases jumped the most in almost two months and Beijing shut a major food market and nearby housing districts amid fears of a resurgence of coronavirus. The International Monetary Fund expects to further revise down its forecast for the global economy this...
IMF Chief Warns Global Economy Faces New “Great Depression”

IMF Chief Warns Global Economy Faces New “Great Depression”

How’s this for some New Years optimism? The new head of the IMF, who took over from Christine Lagarde in November, warned that the global economy could soon find itself mired in a great depression. During a speech at the Peterson Institute, IMF Chairwoman...