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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 Brightens US Economic Growth Projections, Warns National Debt 'Not Stabilized' (CORRECTED)
Tuesday, October 22, 2024 - 12:58pm | 725Editor’s note: This story has been updated to remove draft notes that were erroneously included. The International Monetary Fund (IMF) delivered a mixed message on the U.S. economy in its latest World Economic Outlook report. While the Washington-based institution raised its forecast for U.S...
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As US Tackles Inflation With Rate Cuts, IMF MD Sounds Alarm: 'Not Yet Time To Celebrate' Amid Looming Low Growth, High Debt
Friday, October 18, 2024 - 4:16am | 546Amid ongoing global economic recovery efforts, Kristalina Georgieva, Managing Director of the International Monetary Fund, has issued a cautionary note regarding persistent challenges such as high debt and low growth. Her remarks come as the U.S. and EU implement rate cuts to tackle inflation. What...
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IMF Warns AI In Stock Trading Can Boost Efficiency, But Warns Of Increased Market Volatility
Wednesday, October 16, 2024 - 3:56am | 619In a blog post on Tuesday, the International Monetary Fund (IMF) highlighted the potential of artificial intelligence to enhance market efficiency while also posing risks of increased volatility and cyber threats. What Happened: The IMF’s Global Financial Stability Report delves into the...
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US Treasury Official Slams IMF For Being 'Too Polite' And Not A 'Ruthless Truth Teller' On China's Economic Policies
Wednesday, October 2, 2024 - 2:38am | 519The latest development in the ongoing scrutiny of China’s economic policies has seen a senior U.S. Treasury official criticize the International Monetary Fund (IMF) for its lenient stance. What Happened: The International Monetary Fund (IMF) has been criticized for being “too polite...
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Trump, Biden Urged By IMF To 'Carefully Consider' Tax Rises As Fiscal Deficit Hits Alarming Levels
Friday, June 28, 2024 - 4:11am | 574The International Monetary Fund (IMF) urged the United States to address its escalating fiscal burden promptly. The IMF’s criticism came ahead of the first presidential debate and targeted the tax plans proposed by candidates. What Happened: In the IMF’s annual Article IV health check...
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IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality
Tuesday, June 18, 2024 - 5:35am | 651The International Monetary Fund (IMF) has raised a red flag on the potential of artificial intelligence (AI) to exacerbate inequality, urging governments to take measures to protect their economies. What Happened: The IMF expressed “profound concerns” about the possibility of...
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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 Capital Markets Chief Expresses Concern Over 'Stretched' Company Valuations: 'We Do Worry...'
Wednesday, April 17, 2024 - 9:21am | 531The International Monetary Fund’s (IMF) Capital Markets Chief has issued a warning that the current high corporate valuations, a result of market optimism, could potentially pose a serious risk to financial stability. What Happened: Tobias Adrian, the director of the Monetary and Capital...
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IMF Raises Concerns Over US Debt: 'Something Will Have To Give'
Wednesday, April 17, 2024 - 9:18am | 679The International Monetary Fund (IMF) has recently raised alarms over the fiscal health of the United States, with potential repercussions for the global economy. What Happened: The IMF has voiced serious concerns about the sustainability of U.S. fiscal policies and their implications for both...
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IMF Expects Lower Interest Rates Unless Middle East Conflict Escalates: 'There Will Be Higher Inflation, Lower Output'
Tuesday, April 16, 2024 - 10:31am | 524The U.S. economy is projected to outshine its advanced counterparts in the coming years with a notable upward revision in its growth forecasts, according to the April 2024 World Economic Outlook. The forecast predicts a 2.7% growth for the U.S. in 2024 — an improvement by 0.6 percentage points...
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Argentine Stocks Rebound As President Milei Eyes Potential New IMF Deal, Exit From Capital Controls
Thursday, February 29, 2024 - 12:02pm | 614Argentine stocks experienced a surge on Thursday following rumors that the country is in discussions with the International Monetary Fund (IMF) for a new program. This initiative aims to secure additional funding, accelerating Argentina’s departure from its stringent capital controls, as...
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Mohammed Bin Salman's 2030 Vision Hits Economic Roadblock: Saudi Arabia Contemplates Unprecedented Borrowing, Weighs Aramco Stake Sale
Tuesday, February 20, 2024 - 2:19am | 897The ambitious development projects in Saudi Arabia are straining the country’s finances, leading to unprecedented borrowing and potential stock sales in its crown jewel, Saudi Aramco. What Happened: Saudi Arabia has been embarking on a series of high-profile projects, including a $500...