should turmoil in financial markets erupt," said the IMF chief economist, noting that this would add significantly to inflation pressures and financial fragilities in the rest of the world, especially emerging markets and developing economies.Inflation...
International Monetary Fund chief economist, Pierre-Olivier Gourinchas, at a news conference in Washington, DC, July 25, 2023. /CFP The International Monetary Fund (IMF) on Tuesday raised its 2023 global growth estimates slightly, given resilient economic activity in the first quarter...
Despite the positive outlook, the IMF warned that there are more challenges ahead, as different nations administer COVID-19 vaccines at varying rates. But the IMF's chief economist said the global economy as a whole will likely return to pre-pandemic levels this year....
IMF Chief Economist Blames Problems on InvestorsEric Falkenstein
Inflation has become "a clear and present danger" for many countries, IMF chief economist Pierre-Olivier Gourinchas noted in a blog published Tuesday morning.IMF首席经济学家皮埃尔·奥利维耶·古兰沙在4月19日上午发表的一篇博文中指出,通货膨胀已成为许多国家“一个明确而迫在眉睫的危险”。He said even...
"So things have not been too disorderly up until now, but of course we are concerned as to whether this might continue in the future," the IMF chief economist said. The U.S. Federal Reserve, which has already hiked interest rates by 150 basis points since March this year, is on an ...
“The global economy continues to display remarkable resilience,’’ Pierre-Olivier Gourinchas, the IMF’s chief economist, told reporters Tuesday. "Most indicators continue to point to a soft landing.’’ Still, Gourinchas noted that progress against inflation appears to have "stalled’’ so far ...
The IMF’s chief economist Pierre-Olivier Gourinchas at a press conference on Tuesday said in its latest forecasts that China’s fiscal stimulus measures so far lacked detail and therefore were not included in the China growth outlook. China’s cent...
IMF Chief Backs Regional Director After Argentina Tensions More Reuters FILE PHOTO: Director of the International Monetary Fund (IMF) Western Hemisphere Department Rodrigo Valdes speaks during an interview with Reuters in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File Photo By Rodrig...
The IMF chief economist also reiterated the cost of geo-economic fragmentation, noting that IMF research shows costs could range from 3 to 7 percent of world GDP, with emerging and developing countries to be the most adversely affected by trade distorting measures. ...