Tag: Christine Lagarde

• Thursday, January 21st 2016 - 07:33 UTC

  Argentine Finance minister expected to meet IMF chief to renew formal ties

  

  Argentine Finance Minister Alfonso Prat-Gay is planning to meet with IMF's Christine Lagarde at the World Economic Forum in Davos, Switzerland, to discuss resuming formal ties with the international lender, according to a report published by Bloomberg.

• Thursday, December 31st 2015 - 07:43 UTC

  Global economic growth in 2016, “disappointing and patchy” forecasts Lagarde

  

  Global economic growth will be “disappointing and patchy” in 2016, the head of the International Monetary Fund, Christine Lagarde, wrote in an article published in the German business daily Handelsblatt on Wednesday.

• Tuesday, December 1st 2015 - 07:53 UTC

  Yuan joins the exclusive club of IMF's basket of reserve currencies

  

  The International Monetary Fund (IMF) has announced that China's currency, the Yuan, will join the fund's basket of reserve currencies. Currently just the US dollar, the euro, the yen and the pound are in the group.

• Tuesday, October 13th 2015 - 07:13 UTC

  Pacific Alliance members outstand in Latin American performance, says IMF

  

  Brazil is still by far the largest economy in Latin America despite its recession and the impact of the devaluation of the Real, according to the latest report from the International Monetary Fund (IMF), which said Venezuela dropped to the position of the region’s seventh-largest economy with a GDP that’s now half the size of Colombia’s.

• Monday, October 12th 2015 - 09:18 UTC

  Lagarde blasts US Congress for blocking reforms: “they jeopardize IMF's credibility”

  

  Washington's use of its de facto veto at the International Monetary Fund to block reforms giving emerging countries a greater say is jeopardizing the IMF's credibility, complained Managing Director Christine Lagarde.

• Friday, October 9th 2015 - 07:21 UTC

  Fed close to increasing rate, according to minutes; IMF again calls on Yellen for prudence

  

  The US Federal Reserve believes the US economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking United States off course.

• Tuesday, September 8th 2015 - 08:42 UTC

  IMF cautions Fed on conditions when it decides to increase interest rates

  

  The US Federal Reserve must be certain that the job market and inflation are strong enough to justify raising interest rates, IMF managing director Christine Lagarde said after a G20 meeting focused on the pressure the increase might place on the global economy.

• Tuesday, July 21st 2015 - 05:49 UTC

  White House advisor, expert in stimulus next IMF chief economist

  

  The International Monetary Fund has named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance.

• Friday, June 5th 2015 - 06:22 UTC

  IMF calls on the Fed to keep rates on hold until first half of 2016

  

  The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the US economy remains subpar. In its annual checkup of the US economy released Thursday, the IMF said “the underpinnings for continued growth and job creation remain in place.”

• Thursday, June 4th 2015 - 08:45 UTC

  IMF gives Argentina more time to remedy quality of official CPI and GDP data

  

  The International Monetary Fund extended the period given to Argentina to remedy its local statistical measurement tools, while recognizing the country has made advancements in the matter. The IMF directive board met on Wednesday in Washington to assess Argentina's statistical indexes.