The Latest Breaking News from International Monetary Fund

The dollar index (DXY00 ) today is up by +0.32%. The dollar today is rebounding higher from Monday's 3-year low. Short covering emerged in the dollar today on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks...

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lenders

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

The downgrade to Britain’s growth forecasts heightens the importance of Rachel Reeves securing a trade deal for the UK

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

NEWS ANALYSIS: IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal. Kate Devlin reports

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%