IMF to cut global growth forecast 'substantially'

IMF to cut global growth forecast 'substantially'
Ships wait at anchor off Singapore. The world economy faces slower growth. (Image: Getty)
Bloomberg
By Yudith Ho and Michelle Jamrisko The International Monetary Fund will cut its global economic growth outlook “substantially” in its next update, as finance chiefs grapple with a shrinking list of options to address the worsening risks.Surging food and energy prices, slowing capital flows to emerging markets, the ongoing pandemic and a slowdown in China make it “much more challenging” for policymakers, Ceyla Pazarbasioglu, the IMF’s director for strategy, policy and review, said at a Sunday panel in Bali, Ind...

More Bloomberg

Big Tech ‘acquihiring’ is an ugly but useful trend
Technology Opinion

Big Tech ‘acquihiring’ is an ugly but useful trend

Sometimes actions lead to unintended consequences.

Bloomberg 19 Jul 2025
New York and other American cities need immigrants
Politics Opinion

New York and other American cities need immigrants

Suddenly overrun by foreign residents? Nonsense! They've been here all along.

Bloomberg 13 Jul 2025
Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025