News

Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
IMF expects BOJ to delay further rate hikes due to tariff uncertainty
The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Bessent says US will seek reforms of IMF, World Bank
Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...
IMF cuts US economic growth forecast over trade tensions, policy uncertainty
The International Monetary Fund released its world economic outlook which cut the economic growth forecast for the U.S. due ...
IMF Issues Playbook for Faster Sovereign Debt Restructurings
Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...