IMF World Economic Outlook
Tuesday Highlights
January 30, 2024
The FOMC began a two-day policy review that is not expected to change policy settings. It will be reaffirmed that future policy will be data-dependent, but a strong signal flagging the risk of a rate cut at the March meeting is unlikely. The IMF’s latest quarterly World Economic Outlook expresses more optimism with moderating inflation, […] More
Awaiting U.S. March CPI Data and FOMC Minutes
April 12, 2023
Market attention today is fixated on these two U.S. economic releases. While a further deceleration is expected of total CPI inflation, which already has dropped from 9.1% last June to a 17-month low of 6.0% in February, a rise of core inflation (excluding food and energy) above February’s 14-month low of 5.5% also appears plausible. […] More
Heavy Data Menu, Updated IMF World Economic Outlook, and the FOMC Begins Two-Day Policy Review
January 31, 2023
On this last day of January, the weighted DXY dollar index has edged 0.1% higher but will post its fourth monthly decline in a row. Overnight dollar rises were strongest against the the Aussie dollar (0.9%), kiwi (0.6%), and sterling and loonie (both up 0.4%), but the euro slid only 0.1%, the Swiss franc is […] More
Dollar and Sovereign Debt Yields Rise, while Equities Slip Further
October 9, 2018
Markets remain risk averse today. The dollar appreciated 0.4% against the euro, 0.3% versus the loonie, peso and kiwi, 0.2% relative to the Swiss franc, Aussie dollar, and sterling, and 0.1% vis-a-vis the yen. Share prices fell 1.3% in Japan, 1.0% in Australia, 0.7% in New Zealand, 0.6% in Indonesia, and 0.5% in Singapore and […] More
IMF Reduced Projected Growth Further
April 12, 2016
New economic growth forecasts were unveiled today ahead of the spring 2016 IMF/World Bank meetings. The latest World Economic Outlook, which is prepared quarterly, downgrades projected baseline 2016 growth for the world, the aggregated groups of all advanced economies and those that are developing or emerging, as well as for most individual countries including the […] More
Gloomy Report from IMF
October 9, 2012
A new World Economic Outlook with downwardly revised growth forecasts was released by the IMF. Projected global growth in 2012 and 2013 was revised to 3.3% and 3.6% from estimates made in July of 3.5% and 3.9%. The euro area will contract 0.4% in 2012 and rebound just 0.2% in 2013 (the latter being trimmed […] More
