Kenya is set to overtake Ethiopia as East Africa’s largest economy in 2025, according to new projections from the International Monetary Fund (IMF). The shift comes in the wake of a sharp devaluation ...

The IMF raised the global recession odds to 30% as markets grow uneasy over Trump's stalled tariff pause and worsening trade uncertainty.

South Korea is bracing for the impact of the Trump administration's tariffs, as reflected in its economic downturn and ...

Bank of England Governor Andrew Bailey said on Thursday he was focused on an expected shock to economic growth from U.S.

The European Central Bank should keep lowering interest rates at its next meeting in June if forecasts show eurozone inflation falling below the bank's 2% target, governing-council member Olli Rehn ...

Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to ...

Good morning, everyone. Welcome to this IMF press briefing. I am Julie Kozack, Director of the Communications Department. Thank you so very much for joining us this morning and, as usual, we are going ...

The U.S. economy is likely in recession, and markets ignore risks from Trump’s tariffs and more SPX downside. Learn why we ...

U.S. applications for jobless benefits rose modestly as business continue to retain workers despite economic fears.

California has overtaken Japan and is now the fourth largest economy in the world, according to newly released data cited by ...

The high court filing follows a brief order from a federal appeals court that kept in place a court order blocking the policy ...

Two U.S. states made it into the top 10 largest economies in the world, according to the latest data from the IMF.