The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession.
The International Monetary Fund has upgraded its growth forecast for the British economy amid what it called ‘welcome signs' of a pick-up in activity following the global crash.
Christine Lagarde, managing director of the International Monetary Fund (IMF), has warned that the US' failure to raise its debt ceiling could be far worse than the country's current government shutdown.
Schroders has appointed Prudential Regulatory Authority (PRA) risk analyst Craig Botham to its global economics team.
The International Monetary Fund (IMF) has warned if the US Federal Reserve begins tapering monetary stimulus, the weakest eurozone countries could be pushed into a "debt-deflation spiral".
The International Monetary Fund (IMF) has renewed its calls on the UK government to do more to boost the economy, but Chancellor George Osborne has received support for his austerity programme from IMF member countries.
The International Monetary Fund has raised its forecast for UK growth this year in the face of sharp cuts to world, US, eurozone and emerging market predictions as it warned that "downside risks to global prospects still dominate".
The head of the International Monetary Fund (IMF) Christine Lagarde appeared before a French magistrate yesterday to face questioning over allegations of embezzlement and fraud.
Households and businesses should be told that borrowing costs will remain at rock-bottom levels until the economy is motoring again, the International Monetary Fund has said.
A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a "chronic" new phase in the financial crisis, the International Monetary fund has warned.