IMF: Oil Prices Slowing Global Growth
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&quot;The sharp rise in oil prices has contributed to the weakening of the expansion in recent months, and will likely continue to do so for several quarters,&quot; the IMF report said.
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Global oil prices are likely to   continue volatile as supplies remain tight, the International   Monetary Fund's chief economist said on Thursday.
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Grand plans for the IMF to broker solutions to global economic imbalances have slowed to a crawl because the United States seems to have lost interest, European officials say.
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The International Monetary Fund expects to lower its projection for global economic growth in 2005 to about 4 percent, due in part to rising oil prices, the agency's managing director said Monday.
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The soaring price of crude oil has become a risk for the world economy and will have a visible impact over growth next year, said International Monetary Fund Managing Director Rodrigo de Rato.
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U.S. economic growth is expected to  slow in 2005 due to rising interest rates and high crude oil  prices, according to a forecast of participants at a Federal  Reserve Bank of Chicago conference released on Monday.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic slowdown posed growing dangers.
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Rising oil prices are unlikely to deal a major blow to global economic growth although the trend may seem &quot;uncomfortable,&quot; a researcher with the International Monetary Fund says.
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The International Monetary Fund has cut its forecast for global growth next year slightly amid expectations that the U.S. and Chinese economies will not expand as strongly as previously thought.
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The soaring cost of oil has hit global economic growth, although world&#39;s major economies should weather the storm of price rises, according to the OECD.
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The head of the I.M.F. predicted continued brisk growth for the global economy, but said that higher interest rates and surging oil prices could lead to trouble.
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Tight oil supplies could leave the  global economy worryingly vulnerable for years to come, a  senior International Monetary Fund official said on Thursday.
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Near-record oil prices will slow  U.S. economic growth but won't be enough to derail a  self-sustaining expansion, U.S. Federal Reserve officials said  on Monday.
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The IMF says that global economic growth is likely to be dampened by the turbulence which has swept world markets.
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The International Energy Agency cut its forecast for global oil demand, due to slowing economies.
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WASHINGTON: Global finance chiefs may admit this week that soaring oil prices are a cloud on a generally sunny world economic horizon but they will likely dismiss any chance they could drown growth.
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OPEC on Monday said the fundamentals of the world oil market show signs of weakening in 2007 as economic growth slows and supply from non-OPEC countries rises faster than global demand.