The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global ...

Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect ...

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump ...

Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...

Global public debt peaked in 2020 as governments borrowed heavily for COVID-19 relief. But it has been edging back up, and ...

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...

Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the ...

The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...

Trump’s tariffs are forecast to slow the global economy sharply this year, the International Monetary Fund said.

Global financial stability risks have increased significantly since the fall, driven largely by heightened economic ...