IMF warns on global house prices
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The International Monetary Fund warns that rising interest rates in some of the world's biggest economies may slow global house price growth.
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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 recent jump in world oil prices has cast a cloud over the global economic recovery, the International Monetary Fund says. The Washington-based watchdog said world growth was expected to be the strongest
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DAVOS, Jan 27 (IPS) - International Monetary Fund managing director  Dominique Strauss-Kahn has proposed a global fiscal stimulus to  prevent economic contagion from the worsening housing and credit  market crisis in the United States.
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The I.M.F. said a cooling housing market is likely to trigger a slowdown in the United States economy and abroad.
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Investor's Business Daily - There seems to be a significant slowing in the pace of global economic growth this year, the International Monetary Fund said. The IMF cautioned that restoring world financial markets will be a complex, drawn-out process. The Fed's 75- basis-point 18ate cut on Tue. was "appropriate and helpful," said IMF spokesman Masood Ahmed, who also said the U.S. should apply "targeted and timely" fiscal stimulus.
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The International Monetary Fund Monday raised its 2007 growth outlook for Britain's economy to 2.9 percent on Monday, while warning about risks including a frothy property market.
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The Bank of France has warned that globalization could aggravate inflationary pressures that would justify greater vigilance on monetary policies.
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The International Monetary Fund on Wednesday said it had no compelling evidence that booming house prices would drop as interest rates rise.
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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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FURTHER interest rate rises could trigger a house price crash in the United Kingdom, the International Monetary Fund warned yesterday.
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A global economic slow-down is looking more likely because of higher oil prices and a US housing dip, the IMF warns.
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The International Monetary Fund warned Tuesday that the risks of a global slowdown have increased due to higher interest rates, surging oil prices and an apparent cooling in the U.S. housing market that could slow the U.S. economy.
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The International Monetary Fund has singled out the British housing market as being in danger of a hard landing in a report on the global property boom.
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U.S. housing industry economists on Monday cautioned that rapid house price gains in some areas of the country may not be sustainable.
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UK house prices continue to rise in September but at a slower annual pace,  the Nationwide says - as the IMF warns high house prices threaten the economy.
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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.