US president Donald Trump and China’s president Xi Jinping. The IMF said the self-inflicted wounds of the US and China’s trade war had created a ‘precarious’ economic situation. Photograph: Nicolas Asfouri/AFP via Getty Images

Global growth is set to fall this year to its slowest rate since the financial crisis, the IMF said on Tuesday, as it warned that the self-inflicted w(...)

IMF managing director Christine Lagarde: the fund warned of the risk of political isolationism, notably Britain’s possible exit from the EU, and of growing economic inequality as it cut its global growth forecast for the fourth time in a year. Photograph: Stephen Jaffe/EPA

The International Monetary Fund (IMF) expects the Irish economy to grow by 5 per cent this year, more than three times the euro zone average. In its (...)

A shopper is seen through large lantern decorations at a shopping mall in Beijing. Capital growth is falling after a huge investment boom in the 2000s, particularly in China. Photograph: Kim Kyung-Hoon/Reuters

It seems at first a puzzling scenario, and you might wonder whether it is possible at all: output can be at potential but still not be sustainable.(...)

Doing what the US did after the second World War – using low interest rates and inflation to erode the debt burden – is often referred to as “financial repression”, which sounds bad. But who wouldn’t prefer modest inflation and a bit of asset erosion to mass unemployment?

Econonerds eagerly await each edition of the International Monetary Fund’s World Economic Outlook (...)

International Monetary Fund Managing Director Christine Lagarde speaks during a briefing at the IMF headquarters in Washington, DC. Photograph: Alex Wong/Getty Images

The International Monetary Fund today shaved projections for global economic growth for this year and next to take into account sharp governmen(...)