News

Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
IMF expects BOJ to delay further rate hikes due to tariff uncertainty
The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...
IMF Urges BOJ Flexibility on Tightening as Trump Dents Outlook
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
US Treasury Secretary says IMF and World Bank need reform
Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump ...
Bessent says US will seek reforms of IMF, World Bank
Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...
IMF Issues Playbook for Faster Sovereign Debt Restructurings
Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...
IMF chief urges countries to move ‘swiftly’ to resolve trade tensions that threaten global growth
The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global ...