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IMF economist sees risks that inflation expectations climb upward -Reuters interview

IMF economist sees risks that inflation expectations climb upward -Reuters interview

© Reuters. FILE PHOTO: International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. REUTERS/Yuri Gripas By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s new chief economist said on Tuesday he is concerned about increasing signals that inflation expectations…

‘It’s up to them,’ Biden says about passenger masks on airplanes

‘It’s up to them,’ Biden says about passenger masks on airplanes

© Reuters. People without masks arrive to the counter for check in at La Guardia Airport after the Biden administration announced it would no longer enforce a U.S. coronavirus disease (COVID-19) mask mandate on public transportation, following a federal judge’s ruli By Jeff Mason, Trevor Hunnicutt and David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden’s…

Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss

Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss

© Reuters. FILE PHOTO: Demonstrators apply a sticker on a passing car during a protest against Sri Lankan President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 16, 2022. REUTERS/Navesh Chitr By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s worst economic crisis has triggered…

China’s Q1 GDP beats forecast, but March activity heightens risks to outlook

China’s Q1 GDP beats forecast, but March activity heightens risks to outlook

© Reuters. FILE PHOTO: A construction site is pictured in Beijing, China April 14, 2022. Picture taken April 14, 2022. REUTERS/Tingshu Wang By Kevin Yao and Stella Qiu BEIJING (Reuters) -China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an…