Pierre-Olivier Gourinchas News

22.10 / 17:09

markets COST economy pandemic War country International IMF's view: The global fight against high inflation is 'almost won'

The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared

17.07 / 07:33

Progressive Airlines economy pandemic country reports International IMF's economic view: Brighter outlook for China and India but tepid global growth

The International Monetary Fund has upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan

16.04 / 17:23

markets COST economy Remark trends reports International IMF warns of ongoing inflation risk to global economy

SlateStone Wealth chief market strategist Kenny Polcari says the data should not be a surprise to anyone on 'Maria Bartiromo's Wall Street.'

11.10 / 23:55

Reuters economy President Experts consequences shock prevention What the Israel-Hamas conflict could mean for inflation, oil prices

With Israeli airstrikes marking thefifth day of escalating conflict between Israel and Hamas on Wednesday, experts are warning of rising oil prices and inflationary pressure as a potential consequence of the ongoing hostilities.

11.10 / 01:35

UPS Target economy Moodys country Inside IMF raises India's FY24 growth forecast to 6.3%

International Monetary Fund (IMF) has bumped up India's growth forecast for FY24 to 6.3% from 6.1% estimated earlier, hailing the country as one of the «growth engines in the world economy». The upward revision reflects «stronger-than-expected consumption during April-June», IMF said in the World Economic Outlook (WEO) released Tuesday. The outlook for FY25 is unchanged at 6.3%. IMF's upgrade is the latest after other forecasters including Moody's, Morgan Stanley, and Nomura raised their FY24 growth estimates for India.

10.10 / 23:51

Fox economy Remark Parke pandemic strain Threat IMF says global economy 'limping along' as it faces new threat from Israel-Gaza war

Breitbart economics and finance editor John Carney breaks down Fed Chair Powell's policies on 'Kudlow.'

10.10 / 20:19

Lowe's FIVE economy Allegiant reports IMF raises India growth forecast for FY24 to 6.3%

NEW DELHI : The International Monetary Fund (IMF) lifted its 2023-24 growth projection for India to 6.3% from its July estimate of 6.1%, citing “stronger-than-expected consumption" during the June quarter. In contrast, the agency expects global growth of 3% in 2023 and 2.9% in 2024, with advanced economies expanding by 1.5% in 2023 and 1.4% in 2024. The Washington-based agency presents India’s economic growth forecast on a fiscal year basis while it uses the calendar year for other economies.

10.10 / 11:23

Progressive economy pandemic outbreak consequences reports recovery 2024 IMF cuts 2024 global growth forecast, flagging "slow and uneven" recovery

Investing.com -- The International Monetary Fund has maintained its global growth forecast for 2023, but slashed its projection for next year, predicting a «slow and uneven» recovery for the world economy from the COVID-19 pandemic and the outbreak of the war in Ukraine.

10.10 / 11:09

UPS economy pandemic country 2020 shock IMF outlook worsens for a world economy left 'limping' by shocks like Russia's war

The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts

29.08 / 04:55

UPS Citi Fighting Strategy country Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity

That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. It explored issues like the outlook for technological innovation, public debt, and the state of international trade at a time when the Russian invasion of Ukraine and conflict between the U.S.

28.08 / 15:27

UPS Citi Fighting Strategy country Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity

By Howard Schneider

05.08 / 04:25

UPS Lowe's Reuters track country index India export ban: World rice price index jumps to near 12-year high in July: FAO

Food Price Index tracks monthly changes in the international prices of globally-traded food commodities. Speaking of FAO's All Rice Price Index, it averaged 129.7 points in July against 126.2 points for the previous month, it said as reported by Reuters.

27.07 / 11:31

Target Digital Manufacturing Action band country Inside IMF raises red flag on India’s ban on export of non-basmati rice, experts say country’s food security concerns primary

India’s recent ban on export of non-basmati white rice has created quite a furore internationally. While on the one hand there are worries about the move likely to trigger a rise in global rice prices adversely impacting poor countries, there is also the need to ensure adequate supplies in the domestic market and keep prices in check. While the IMF has raised concerns about the move exacerbating volatility in food prices, experts say the picture on food inflation will be clear only after the monsoon plays out completely.

26.07 / 03:59

COST Target Reuters Remark band show Future IMF urges BOJ to move away from yield control, prepare for future tightening

By Leika Kihara and Andrea Shalal

26.07 / 03:27

UPS country ‘Harmful globally’: IMF encourages India to remove export ban on non-basmati rice

non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season, which constitutes about 25% of the total rice export of the country. In an official statement, the food ministry said there would be no change in the export policy of par-boiled non-basmati rice and basmati rice, which forms the bulk of exports, according to a report published by the news agency PTI. Addressing a press conference, Pierre-Olivier Gourinchas, Chief Economist of IMF said that these types of restrictions are likely to exacerbate volatility in food prices in the rest of the world.

25.07 / 14:39

UPS country restrictions IMF: India's rice restrictions could fuel food price inflation

WASHINGTON (Reuters) — India's move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.

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