Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut borrowing costs following a series of surprisingly high inflation readings, which reduces room for easier policy ...

The climate crisis will shrink the average global income 19% in the next 26 years compared to what it would have been without global heating caused primarily by the burning of fossil fuels, a study ...

Maximilian Kotz, a PIK scientist, said, "Our study finds that the global economy is committed to an average income loss of 19 per cent by 2049 due to past emissions. This corresponds to a 17 per cent ...

The global economy is expected to lose about 19 per cent income in the next 25 years due to climate change, with countries least responsible for the problem and having minimum resources to adapt to ...

China's GDP grew 5.3 percent year-on-year in the first quarter of this year, up 1.6 percent from the fourth quarter of last year, showing China's economy is on a solid footing for continued recovery, ...

The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic ...

Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing almost as quickly as it rose. The journey has been eventful, starting with ...

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the International Monetary Fund's (IMF) "relatively good" outlook for the world economy, its chief ...

(Mandel Ngan/AFP/Getty Images) Two wars, higher interest rates and the lingering effects of the coronavirus pandemic have done little to slow the global economy, but that may be about to change ...

The good and "less good" news from the IMF forecasts. Starting on the more optimistic side, they revise growth projections slightly upwards and ...

China is about to become a big deal again on the global stage. According to the latest number crunching by Bloomberg using IMF forecasts, China’s economic ...

The International Monetary Fund in its latest World Economic Outlook edition said that India is estimated to grow at 6.8 per cent FY24 and maintain a growth rate of 6.5 per cent in FY25 ...