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International Monetary Fund (IMF)

Strauss-Kahn and Tosovsky vie for top IMF job

Dominique Strauss-Kahn, the former French finance minister, and Josef Tosovsky, the head of the Financial Stability Institute, are the only two candidates for the top job at the International Monetary Fund (IMF).

Europe's IMF domination to end with Strauss-Kahn?

Jean-Claude Juncker, the prime minister of Luxembourg, has said that Dominique Strauss-Kahn, the EU's nominee to head the International Monetary Fund (IMF), will be the last managing director to come from the EU for the "foreseeable future".

Russia piles on pressure for Tosovsky

Aleksei Mozhin, Russia's executive director at the International Monetary Fund (IMF), reiterated his country's support for Josef Tosovsky to head the organisation.

Russia wants Czech governor Tosovsky to head IMF

Russia has nominated Josef Tosovsky, the former head of the Czech National Bank and the current chair of the Bank for International Settlements' Financial Stability Institute, to take over from Rodrigo Rato at the International Monetary Fund (IMF).

Central banks continue to plug markets

On Friday, central banks around the world engaged in an orchestrated effort, initiated by the European Central Bank (ECB) and the Federal Reserve a day earlier, to keep money markets afloat amidst wide-spread fears of a global credit crunch.

SWFs must follow market rules - Strauss-Kahn

Dominique Strauss-Kahn, the leading candidate to become the new managing director of the International Monetary Fund (IMF), has said sovereign wealth funds should follow standard market rules and believes the Fund has a role to play in overseeing them.

IMF report on the US

The International Monetary Fund (IMF) has said the US economy should shake off the effects of the housing market decline and expand by almost 3% by the middle of 2008.

Real effective exchange rates in WAEMU

A new paper from the IMF investigates the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU).

Explaining inflation differentials

This working paper by the International Monetary Fund suggests that some central banks may aim at comparatively high inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberalisation in their economies.

IMF on euro area policies

A report by the International Monetary Fund on euro area policies, released on 31 July, said that the outlook for the region was the best in years, but stabilising inflation below 2% may imply further gradual tightening of monetary policy.

IMF's Rato on capital flows

In a speech given on 28 July Rodrigo de Rato, managing director of the International Monetary Fund, said that imposing direct limits or controls on capital inflows sets central banks and private financial institutions against each other.

Gambian central bank governor quits

The governor of Gambia's central bank, Famara Jatta, has left the country to take up the less prestigious position of representative of the African Development Bank (ADB) in Sudan.

Fund raises 2007 and 2008 growth forecast

The July update of the World Economic Outlook (WEO) published on 25 July by the International Monetary Fund (IMF) increased the Fund forecast for global economic growth for 2007 and 2008 to 5.2%, from 4.9%.

Bank of Netherlands Antilles to be investigated

The financial supervision exercised by the Bank of the Netherlands Antilles (BNA) is to be checked once more by the Dutch Financial Market Authority (AFM). Last month it was announced that the AFM had found the BNA to be seriously lacking in its…

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