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IMF predicts steady global growth that's still low by historical standards

Apr 16, 2024
The institution says the world economy continues to show “remarkable resilience.”
IMF chief economist Pierre-Olivier Gourinchas speaks during a press briefing at the IMF-World Bank Group spring meetings at IMF headquarters in Washington D.C., on Tuesday.
Mandel Ngan/AFP via Getty Images

IMF downgrades global economic growth in its latest report

Jan 25, 2022
The IMF's Gita Gopinath talks about the challenges facing the global economy as the world enters its third year of the COVID-19 pandemic.
"The global economy did rebound quite strongly in 2021," says the IMF's Gita Gopinath. "The problem is that countries have recovered at very divergent paces." Above, Gopinath at a 2021 interview.
Pedro Ugarte/AFP via Getty Images

IMF warns global growth will be lopsided

Apr 5, 2021
It may take years for much of the world to match the U.S. and China, where bigger vaccine rollouts have sped up economic recovery.
As some countries recover, interest rates rise, making it harder for the economies of other countries to rebound.
Karen Bleier/AFP via Getty Images

IMF says U.S.-China tensions impede global growth

Oct 15, 2019
0.8% may not sound like a lot, but on a global scale, it's different.
The IMF released a report saying global growth would be larger if the U.S.-China trade war ended. Above, workers prepare a shipping container at a port in the Shandong province of China in January, 2019.
STR/AFP/Getty Images

OECD: Growth downgraded, fiscal policy needed

Sep 19, 2019
The Organization for Economic Cooperation and Development echoes central bankers, saying monetary policy alone can't spur global growth.
Laurence Boone, chief economist of the Organization for Economic Cooperation and Development, presents the OECD interim economic outlook in Paris in 2018.
Eric Piermont/AFP/Getty Images