The Federal Reserve does not need to consider additional monetary policy stimulus as the world's largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes, IMF acting chief John Lipsky said.
The International Monetary Fund said on Friday that it is scheduled to complete the process of selecting a new managing director by June 30.
The global economic recovery is accelerating but remains vulnerable to setbacks said IMF acting Managing Director John Lipsky said as he urged continued international support for shaky economies in Europe.
Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.
The International Monetary Fund urged Uruguay to focus policies on securing “a soft economic landing” amid a surge in capital inflows to emerging economies and higher commodity prices.
The International Monetary Fund (IMF) has warned of the risks of inflation and overheating of the economy in Latin America, at a forum held in Paris.
A senior IMF official tried to dampen talk of a global currency war, while China said it will stick to a gradual reform of its currency.
The Executive Board of the International Monetary Fund (IMF) has approved making financial stability assessments under the Financial Sector Assessment Program (FSAP) a regular and mandatory part of the Fund’s surveillance for members with systemically important financial sectors.
The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, IMF First Managing Director, John Lipsky said on Sunday.
A top International Monetary Fund official called for the creation of an emergency lending facility as part of a global toolkit aimed at preventing the spread of financial crises.