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Showing 1 - 10 of 346 results for "International Monetary Fund"

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... avoid a recession with the RBA holding the cash rate at 4.35% until at least 2025." This comes as the International Monetary Fund (IMF) urged global central banks to "stay vigilant" against the threat of inflation. "A sense of optimism has pervaded financial ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... that income inequality is rampant among 64 out of 106 counties that receive grants or loans from the International Monetary Fund (IMF) and World Bank. Income inequality in Ghana, Honduras, Mozambique, and 39 other countries stood at high levels. The ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... investment strategist at Future Fund from 2009 to 2018. He has also worked at Morgan Stanley and the International Monetary Fund. Gilmore will replace Nicole Musicco who left CalPERS after just 18 months in the role citing family reasons. Prior to Musicco ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... according to the country's Cabinet Office. The economy contracted 2.9% between July and September. The International Monetary Fund predicts that Japan's economy will grow 0.9% in 2024. "For decades, Japan has struggled to boost low inflation and weak ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... economic growth is slowing due to tighter macroeconomic policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic growth ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... by $33 billion. During an interview with the ABC, Chalmers concurred with a warning issued by the International Monetary Fund (IMF) last week, saying the idea that governments should consider delaying or cancelling infrastructure spending as a measure ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... Bank of Australia's Payments System Board during that period. He is currently an adviser with the International Monetary Fund. Byres is one of three bank-only non-executive directors at Macquarie, together with former Challenger funds management ...

Global economy 'remarkably resilient', faces growth challenges: IMF

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... resilience" stemming from a strong demand for services and "tangible progress" in combatting inflation, International Monetary Fund (IMF) managing director Kristalina Georgieva said. In a speech in Abidjan, Ivory Coast, Georgieva expressed optimism for ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... budget. Speaking in Washington DC at the G20 Finance Ministers' and Central Bank Governors' Meeting and International Monetary Fund (IMF) World Bank 2023 Spring Meetings, Chalmers said the government is putting "finishing touches" on the budget which ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...
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