Business / Economy Oct 10, 2013

IMF tells Japan not to back off from reforms

The International Monetary Fund warned Wednesday of the risk of global financial instability if Japan fails to implement fiscal and structural reforms while the United States scales back its quantitative easing. "Japan is scaling up monetary stimulus under the 'Abenomics' framework," the IMF said in ...

Business Oct 9, 2013

IMF cuts Japan growth estimate

The International Monetary Fund on Tuesday slashed its global economic growth projections for the year, saying the Japanese economy will slow down due to factors such as the planned sales tax hike next April. In its World Economic Outlook, the IMF also urged the United ...

Business / Economy Jul 18, 2013

China economy 'unsustainable': IMF

China's economy, fueled by credit and government debt that has increased far faster than official statistics reflect, is heading in an "unsustainable" direction that poses major risks in the years ahead, the International Monetary Fund reported Wednesday. In one of its sharpest critiques of the ...

Business Jun 1, 2013

BOJ's 2% inflation goal doable, IMF says

The International Monetary Fund said Friday that the Bank of Japan's commitment to a 2 percent inflation target "could be achieved" if the government takes effective measures to bolster economic growth and restore its fiscal health, the worst among developed nations. "Complementary growth strategies and ...

Business Apr 13, 2013

IMF says so far, so good with easing by central banks

Global central banks, including the Bank of Japan, buying assets and keeping interest rates low to boost growth have had "positive short-term effects for banks" even as risks from the policies are increasing, the International Monetary Fund said. "The prolonged period of low interest rates ...