IMF chief warns of bigger chance world growth slows below 2%

IMF chief warns of bigger chance world growth slows below 2%

IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent -- last seen during the coronavirus outbreak and the global financial crisis of 2009 -- is increasing as major economies slow.
IMF cuts 2019 global growth estimate to 3%, lowest since crisis

IMF cuts 2019 global growth estimate to 3%, lowest since crisis

The world economy is slowing to its weakest pace since the global financial crisis, amid continuing trade conflicts that have undercut business confidence and investment, the International Monetary Fund said Tuesday (Oct 15).
Fed will remain flexible, rates not on 'preset course': Minutes

Fed will remain flexible, rates not on 'preset course': Minutes

The US Federal Reserve will remain flexible and interest rates will not be on a "preset course" despite persistent risks from trade uncertainty and weak global growth, the central bank said on Wednesday (Aug 21).
Door open to US rate cut as Fed's Powell flags economic uncertainties

Door open to US rate cut as Fed's Powell flags economic uncertainties

Federal Reserve Chair Jerome Powell on Wednesday (Jul 10) left the door open to an interest rate cut this month, pointing to uncertainty about trade frictions and global growth.