The Latest Breaking News from International Monetary Fund

The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade.

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The World Bank says poverty in Lebanon has tripled over the course of a decade during which the small Mediterranean country slid into a protracted financial crisis

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

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Body says £30bn fiscal gap cannot be filled by higher growth or extra borrowing. So how will No 11 ease pressure on public finances?

Higher-than expected UK inflation figures disappointed the City today, with shares falling as the 2.3% Consumer Price Index reading dashed hopes of a June interest rate cut.

It doesn't seem fair. When the economy is tanking, the government gets the blame. When it recovers, voters tend to give short shrift. Just ask John Major, who couldn't even convince one in three Britons to support the Conservatives in 1997 despite overseeing 22 consecutive quarters of GDP growth and…

The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of recession.