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Showing 31 - 40 of 363 results for "International Monetary Fund"

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... rise in the June quarter CPI were new dwellings (5.6%) and automotive fuel (4.2%). Meanwhile, the International Monetary Fund (IMF) has hugely downgraded its global growth outlook. "The world's three largest economies are stalling, with important ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... primary role in fighting inflation and regulating financial institutions," Biden added. Yesterday, International Monetary Fund managing director Kristalina Georgieva said inflation is higher than expected and ensuing central bank monetary tightening ...

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... market. On Tuesday, Prime Minister Ranil Wickremesinghe announced his plans to negotiate with the International Monetary Fund (IMF) as a bankrupt country. "Our country has held talks with the IMF on many occasions before. But this time the situation ...

Sue Brake to leave Future Fund

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... senior investment strategist at NZ Super Fund. She has previously served as an external expert to the International Monetary Fund and currently sits on the investment and risk advisory panel of the Monetary Authority of Singapore.

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... economy in 2023, according to data highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. "Australia is home to just 0.3% of the world's population ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." He added: "I would say ...

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... services, and healthcare products," he said. Global debt reached US$226 trillion at the end of 2020, International Monetary Fund statistics show, growing 256% year on year as a result of the pandemic. The consequences of unprecedented economic stimulus ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... effects of another outbreak in the fourth quarter, is expected to reaccelerate in early 2022. The International Monetary Fund forecasts that Australia's GDP will grow 4.1% this year on the back of increased business activity and international borders ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... to China this year, making sure to invest "carefully and in select areas like pharmaceuticals". The International Monetary Fund and US Federal Reserve expect China's economy to grow at a healthy rate, with a forecast growth rate of 5.6% on the back of ...