Monitoring Global Financial Stability
By Tobias Adrian, Dong He, Nellie Liang, and Fabio Natalucci
“It’s awful. Why did nobody see it coming?” asked Queen Elizabeth II in November 2008 during a visit to the London School of Economics, wondering why nobody had predicted the Global Financial Crisis. (more…)
Taming the Currency Hype
By Gustavo Adler, Luis Cubeddu, and Gita Gopinath
Escalating trade tensions are taking a toll on the global economy and are partly responsible for the recent downward revisions to our growth forecasts for 2019-20. (more…)
chart of the weekFuel for Thought: Ditch the Subsidies
By IMFBlog
Pensions, education, healthcare, better infrastructure, technology, and climate change: fiscal policymakers have their work cut out for them on many fronts. (more…)
US Business Investment: Rising Market Power Mutes Tax Cut Impact
By Emanuel Kopp, Daniel Leigh, and Suchanan Tambunlertchai
US business investment has been on the rise. Since the passage of the Tax Cuts and Jobs Act at the end of 2017, US businesses have bought more machinery, developed software, and created new intellectual property. (more…)
Chart of the WeekCanada’s Housing Market Slowdown
By IMFBlog
Following a period of escalating prices, Canada’s housing market is cooling. Measures designed to strengthen financial stability such as more stringent tests of borrowers’ ability to repay their loans, along with higher interest rates, combined to make mortgage financing more expensive. (more…)
Outlook for Latin America and the Caribbean: A Stalling Recovery
Economic activity in Latin America and the Caribbean remains sluggish. Real GDP is expected to grow by 0.6 percent in 2019—the slowest rate since 2016—before rising to 2.3 percent in 2020. (more…)
