IMF's Rato Sees World GDP 4.6 Percent
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IMF Managing Director Rodrigo Rato sees world economic growth of "around 4.6 percent" in 2004 and 2005, according to an interview published in a Spanish newspaper interview on Friday.
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The world economy is sound, although financial markets may remain ragged for some time, and China must let its currency rise faster to rebalance global growth, finance officials from rich nations said on Friday.
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In its global economy outlook the International Monetary Fund predicted worldwide output to lift 5% despite of worries about high oil prices.
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The Federal Reserve may need to continue  raising interest rates depending upon how economic conditions  evolve in the United States, International Monetary Fund chief  Rodrigo Rato said on Monday.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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Oil prices may have just hit record levels, but the International Monetary Fund is even more bullish about global economic growth in 2004 than it was six months ago.
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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 slowing U.S. economy were growing dangers.
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The global economy is expected to log solid growth this year and next, although elevated energy prices and inflation hover as risks, the chief of the International Monetary Fund said Tuesday.
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Commerce said the value of imports, which subtracts from GDP, grew at a 4.6 percent rate in the third quarter instead of 6.0 percent it estimated a month earlier.
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World economic growth will be higher than predicted, the IMF says at the start of Singapore meetings.
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As Rodrigo De Rato prepares for his first annual meeting as managing director of the International Monetary Fund in early October, he could be forgiven for feeling pleased with the shape of the global economy.
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Turbulence in world credit markets illustrates the dangers of globally-linked financial sectors and the need for the International Monetary Fund to sharpen its role as overseer of the world's financial system, IMF Managing Director Rodrigo Rato said on Thursday.
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Robust US economic growth will likely continue into 2005, but authorities should cut the budget deficit to reduce the risk to growth, International Monetary Fund Managing Director Rodrigo Rato said.
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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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World economic growth will be higher than previously thought at 5.1% in 2006 and 4.9% in 2007, the IMF predicts.
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VIENNA, Austria -- The head of the International Monetary Fund on Tuesday predicted a "continued smooth ride" for the global economy, but cautioned there are signs of potential trouble ahead after several years of brisk growth.
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World growth in 2005 could be lower than the 4.3 per cent forecast by the International Monetary Fund (IMF) a month ago because of high oil prices, its deputy managing director Agustin Carstens said on Monday.