Category: International Monetary Fund

I.M.F. Sees World Economy ‘Bottoming Out’ in 2023

The New York Times – Business:
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
Defaults Loom as Poor Countries Face an Economic Storm

The New York Times – Business:
Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.
David Lipton, Economic Diplomat, Will Step Down From Treasury

The New York Times – Business:
Mr. Lipton, who served in senior roles in the Clinton and Obama administrations and at the I.M.F., is retiring.
World Leaders Meet as Global Economy Faces Multiple Threats

The New York Times – Business:
High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.
U.K. Inflation Rises to 10.1 Percent, Driven by Food Prices

The New York Times – Business:
After easing slightly the previous month, inflation continued rising in September, heightening the country’s cost-of-living crisis.
Lessons From Liz Truss’s Handling of U.K. Inflation

The New York Times – Business:
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

The New York Times – Business:
Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.