Gopinath says high U.S. demand is fueling growth

The International Monetary Fund has warned that stubborn inflation could keep interest rates higher for longer than expected, increasing fiscal and financial risks around the world.

The International Monetary Fund has warned that stubborn inflation could keep interest rates higher for longer than expected, increasing fiscal and financial risks around the world.

IMF's Gita Gopinath says high U.S. demand fueling growth, higher interest rates. IMF's first deputy managing director says high deficits are helping fuel global growth. Gipinath: U.N. deficits are projected to rise for years with one of the world's steepest curves for debt.

Economists upgraded their forecasts for US growth, spending and employment. But they also see interest rates remaining higher for longer as above-target inflation persists. Economists also see higher rates as a result of higher inflation as inflation continues to rise. The Fed will continue to raise interest rates as long as inflation stays above target.

IMF revises down Mideast growth outlook on war, trade disruptions. Middle East economies would grow at a slower pace this year than it previously projected. War in Gaza, attacks on Red Sea shipping and lower oil output add to existing challenges of high debt and borrowing costs.

IMF mission chief says BOJ is on track to fully realize its sustainable price target over the next two years. BOJ can raise interest rates further, he says, enabling it to raise rates further. The IMF's mission chief for the nation says the Bank of Japan is fully hitting its price target.

IMF's mission chief for the nation says BOJ is on track to fully realize its sustainable price target over the next two years. BOJ can raise interest rates further, he says. IMF mission chief: BOJ fully realizes price target and will raise rates further. IMF: BOj will fully realize price target in two years, enabling it to raise rates.

IMF chief warns "there's plenty to worry about'' in world economy -- including inflation, debt. Head of the International Monetary Fund says the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza. Georgieva: "There is plenty of i.M.F.W.G.’s plenty of worry about, including inflation and debt.

IMF: 'Something will have to give' over ballooning U.S. national debt. IMF: Huge levels of government spending poses a 'risk' to global economy. IMF says it is 'a risk' to the global economy, adding: 'It's a risk to our global economy'

IMF took aim at the Chancellor's recent two percentage point cut in National Insurance contributions, costing £9billion a year. IMF warned that the cuts could push up the UK's already £10billion in debt. It also warned that tax cuts could lead to a further increase in national insurance costs.

Concerns are being raised over the Federal Reserve keeping interest rates steady for much longer than anticipated. Fed Chair Jerome Powell said the FOMC needs "greater confidence that inflation is moving sustainably toward 2% before it would be appropriate to ease policy" ITR Economics Economist Lauren Saudi-Baker joins Yahoo Finance to give insight into Powell's recent comments.

High corporate valuations pose a'significant risk' to financial stability, IMF says. IMF: Market optimism untethered from fundamentals. High company valuations a 'worry,' IMF's capital markets chief says. High corporate values could pose a significant risk to stability, he says.

IMF Lifts Global Growth Forecast, Warns of Risks. Fund inched up its expectations for global growth this year, while warning the outlook remains cautious. IMF chief economist Pierre-Olivier Gourinchas talks about the outlook for the global economy.

IMF sees global economy expanding by 3.2% this year, on par with previous year. Chances of a global recession this year are pegged at just 10%, says Yahoo Finance reporter Jennifer Schonberger. IMF also sees inflation driving expectations for global central banks to begin cutting rates in the second half of the year.

IMF lifts growth forecast for global economy, warns of geopolitical risks. IMF cites strength in US and some emerging markets, citing strength in emerging markets. Outlook remains cautious amid persistent inflation and geopolitical risks, IMF says. IMF says it will be cautious amid inflation, geopolitical risks and persistent inflation.

IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts. US economy’s standout performance will be a major driver of global growth this year. But it could make inflation problem harder to solve, according to the International Monetary Fund.

IMF upgrades global growth forecast as economy proves'surprisingly resilient' despite inflationary pressures. IMF says economy has proven "surprisingly resilient" despite downside risks. IMF on Tuesday raised global growth forecasts slightly, saying the economy had proven resilient. IMF: Economy has proven to be resilient despite the downside risks of inflationary pressure.

IMF sees slow, steady 2024 global growth; China, inflation pose risks. U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe. IMF forecast global real GDP growth of 3.2% for 2024 and 2025 - same rate as in 2023.

IMF expects Eurozone to recover from 2023's 0.4% growth, with projected rises to 0.8% in 2024 and 1.5% in 2025. Inflation decline allows central banks to consider rate cuts, but Middle East tensions threaten to hike oil prices and shipping costs.

IMF upgraded growth expectations for global economy in 2024, but warned of potential turbulence ahead. IMF says growth expectations are higher than expected in 2024. IMF warns of ongoing inflation risk to global economy, but warns of 'potential turbulence ahead' IMF says inflation risk is still a risk.

IMF says inflation will remain at about 2.5% for the rest of this year but fall towards the Bank of England's target of 2% next year. Inflation in the British economy will remain about 2% for rest of 2014 but fall to 2% in 2015. IMF: UK economy set to grow less than expected this year as IMF revises forecasts.