IMF Meetings
Due to meet about a range of global economic issues, including climate change, the global economic outlook, and geopolitical risks, in Washington DC;
IMF meetings are usually held twice a year and are attended by the representatives of IMF and the World Bank. Meetings are open to the press and officials usually talk with reporters throughout the day. A formal statement covering policy shifts and meeting objectives is released after the meetings have concluded. Both the comments and statement can create market volatility;
- History
Expected Impact / Date | Description |
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Oct 26, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Oct 25, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Oct 24, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Oct 23, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Oct 22, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Oct 21, 2024 | Due to meet about a range of global economic issues, including the world economic outlook, poverty eradication, economic development, and aid effectiveness, in Washington DC; |
Apr 20, 2024 | Due to meet about a range of global economic issues, including inflation, economic impact of the wars in Gaza and Ukraine, and the impact of artificial intelligence on the world economy, in Washington DC; |
Apr 19, 2024 | Due to meet about a range of global economic issues, including inflation, economic impact of the wars in Gaza and Ukraine, and the impact of artificial intelligence on the world economy, in Washington DC; |
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- IMF Meetings News
The International Monetary Fund shaved its global growth forecast for next year, citing accelerating risks from wars and trade protectionism. Meantime, the Bank of Canada stepped up the pace of interest-rate cuts and signaled that the post-pandemic era of high inflation is over. Policymakers lowered the benchmark overnight rate by 50 basis points, the most since March 2020, to 3.75%. Chinese banks also cut their lending rates after easing by the central bank at the end of September, part of a series of measures aimed at reviving ...
Gita Gopinath, the IMF first deputy managing director, talks about why the group lowered its global growth forecast. She says the US is among the strongest of the major economies its presidential election matters. She also speaks to Bloomberg's Lisa Abramowicz about geopolitical risks, inflation, China's growing influence, Russia and global debt problems.
Clearing houses pose a risk to the financial system if they are not robustly operated, Bank of England Governor Andrew Bailey said. Bailey said on the sidelines of international finance meetings on Thursday in Washington that central counterparties should be able to dampen the shock of a bank failure by mitigating credit risk. But they can “pose significant risks to the stability of the financial system,” if poorly managed, Bailey said. “Unsafe clearing would be worse than no clearing, it would amount to concentrating the risk in one ...
When it comes to financial stability, the world is facing a split screen of short-term and medium-term factors. The good news is that near-term financial stability risks remain contained. Why? Because the likelihood of a soft landing for the global economy has significantly increased. As inflation continues to decline, major central banks have started cutting interest rates. This is boosting already buoyant asset prices and keeping financial market volatility subdued. At the same time, our latest Global Financial Stability Report ...
Let’s start with the good news: it looks like the global battle against inflation has largely been won, even if price pressures persist in some countries. After peaking at 9.4 percent year-on-year in the third quarter of 2022, we now project headline inflation will fall to 3.5 percent by the end of next year, slightly below the average during the two decades before the pandemic. In most countries, inflation is now hovering close to central bank targets, paving the way for monetary easing across major central banks. The global economy ...
Let me thank the IMF and the World Bank for hosting these meetings and all of you for attending today. I’d like to start by stepping back and speaking about how far we’ve come. Three years ago when I attended my first Annual Meetings as Treasury Secretary, the COVID-19 pandemic was raging. Many of the events were virtual. The IMF had just revised downward its projections for global economic growth due to continued supply chain disruptions and new COVID variants. Today, the situation is very different. Though progress across economies has been uneven, the global economy has proven resilient. America’s strong economic performance is leading the way as a key engine of global growth. At home, thanks to the Biden-Harris Administration’s economic agenda, we went from millions having lost their jobs to a historic labor market recovery. Unemployment is near all-time lows and U.S. real wage growth has outperformed that of most other advanced economies. U.S. economic growth has also been almost twice as fast as most other advanced economies this year and last, even as inflation came down sooner. As a recent Brookings analysis puts it, “the U.S. is significantly outperforming its peers.” We’re now working to sustain this momentum, including through major investments in infrastructure, advanced manufacturing, and clean energy that other countries have sought to emulate. This morning the IMF again upgraded its forecast for the U.S. outlook, as it did in 2023, when U.S. growth ultimately came in at almost double the IMF’s projection earlier that year. Our Administration has also been focused beyond our borders. From day one, we rejected isolationism that made America and the world worse off and pursued global economic leadership that supports economies around the world and brings significant benefits to the American people and the U.S. economy. We will further this approach this week, including by together continuing to respond to global conflicts. For more than two years, the coalition we formed in the immediate aftermath of Russia’s invasion of Ukraine has stood strong. Our novel price cap on Russian oil has restricted Russia’s revenues while keeping global energy markets well-supplied. We continue cracking down on Russian sanctions evasion, and as soon as next week we will unveil strong new sanctions targeting those facilitating the Kremlin’s war machine, including intermediaries in third countries that are supplying Russia with critical inputs for its military. We have also been working tirelessly to unlo post: US TREASURY SECRETARY YELLEN: MUST KEEP THE REAL NET INTEREST TO GDP RATIO UNDER 2%. post: <=USD>:*YELLEN: HIGH, BROAD TARIFFS WOULD LIKELY STRENGTHEN THE DOLLAR *YELLEN: IMPORTANT TO US DOLLAR REMAINS MAIN RESERVE CURRENCY *YELLEN: NO OTHER CURRENCY IS CANDIDATE TO REPLACE DOLLAR SOON
Is the battle against inflation almost over? How can policy shape the global economy next? Join our Chief Economist Pierre-Olivier Gourinchas, Petya Koeva-Brooks, and Jean-Marc Natal for our latest projections and global economy analysis on Tuesday, October 22 at 9 AM ET.
It’s going to be a busy, tense and challenge-laden International Monetary Fund gathering in Washington this week. There, the economic glitterati will confront a bewildering number of hot-button issues ranging from China’s slowdown to Germany’s recession to geopolitical risks galore to a toss-up US election that’s testing nerves everywhere. Throw in the IMF’s warnings about a US$100 trillion public debt timebomb. Amazingly, Washington could be hosting this week’s second most impactful economic gathering. The more tantalizing event ...
It’s going to be a busy, tense and challenge-laden International Monetary Fund gathering in Washington this week. There, the economic glitterati will confront a bewildering number of hot-button issues ranging from China’s slowdown to Germany’s recession to geopolitical risks galore to a toss-up US election that’s testing nerves everywhere. Throw in the IMF’s warnings about a US$100 trillion public debt timebomb. Amazingly, Washington could be hosting this week’s second most impactful economic gathering. The more tantalizing event ...
Released on Oct 26, 2024 |
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Released on Oct 24, 2024 |
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Released on Oct 22, 2024 |
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Released on Oct 21, 2024 |
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