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IMF Sounds Alarm On US Debt As Trump Eyes Tax Cut Extension: Report
Saturday, May 24, 2025 - 6:54pm | 454The International Monetary Fund has reportedly urged the United States to rein in its growing fiscal deficit and rising public debt as concerns mount over former President Donald Trump’s proposed extension of tax cuts. In a recent interview with the Financial Times, Gita Gopinath, the IMF...
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'Tariffs Are Inflationary': IMF Deputy Chief Rejects Trump's Trade Policies As Elections Loom
Friday, October 25, 2024 - 9:30am | 595With less than two weeks until the U.S. presidential election, economic policy is once again a focal point, especially as concerns around tariffs and inflation resurface. Gita Gopinath, deputy managing director of the International Monetary Fund (IMF), issued a warning about economic risks...
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IMF's Gita Gopinath, Paul Krugman And Other Economists Hail Nobel Prize Win For Acemoglu, Johnson, And Robinson: 'Made Cool Again The Study Of Institutions'
Monday, October 14, 2024 - 10:42pm | 948Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development. What Happened: Gita...
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IMF's Gita Gopinath Warns AI Could Disrupt Financial Markets, Supply Chains And More: 'Policy Actions Now Can Mitigate These Risks...'
Friday, June 7, 2024 - 7:19am | 919International Monetary Fund (IMF) deputy chief Gita Gopinath cautioned that the increasing use of artificial intelligence (AI) could potentially worsen future economic downturns. What Happened: On Thursday, Gopinath expressed her concerns while appearing on CNN, stressing the need for governments...
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Is The US National Debt Unsustainable? 'We Can't Have A Deficit Of 7% Of The GDP'
Friday, April 19, 2024 - 11:41am | 700International Monetary Fund (IMF) deputy chief Gita Gopinath raised concerns about the United States’ burgeoning public debt, emphasizing the urgency of reducing the federal deficit from its current 7% of GDP. “The U.S. is running [a] very large deficit for a country with a strong...
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IMF's Gita Gopinath Lists 3 Uncomfortable Truths That Monetary Policy Will Have To Confront — 'Inflation Remains Sticky'
Monday, June 26, 2023 - 10:09pm | 433International Monetary Fund Deputy Managing Director Gita Gopinath has highlighted three uncomfortable truths that monetary policy will have to confront for contending with high inflation. In her remarks before the European Central Bank Forum, Gopinath pointed out the first uncomfortable truth is...
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IMF's Gita Gopinath Says Too Early For Fed To Announce Victory Against Inflation: 'We Haven't Turned The Corner Yet'
Thursday, January 5, 2023 - 11:56pm | 543International Monetary Fund Deputy Managing Director Gita Gopinath has reportedly warned that the U.S. has not “turned the corner yet” and it is too early for the Federal Reserve to announce victory in its fight against inflation. In an interview with...