(Credit: Kokouu/iStock by Getty Images) October 13, 2023/IMFBlog By Yan Carrière-Swallow and Krishna Srinivasan Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running out of steam. We expect growth in Asia and the Pacific to accelerate […]

(Credit: Adobe Stock) October 13, 2023/IMFBlog By Alfred Kammer So far so good. These words are probably a fair assessment of Europe’s progress thus far in its struggle against inflation. Policy interest rates have been raised resolutely, central banks have signaled commitment to keeping them high for as long as […]

(Credit: Melita/Adobe Stock) October 13, 2023/IMFBlog By Kristalina Georgieva, Bernard Lauwers, and Ceyla Pazarbasioglu The IMF’s largest-ever allocation of special drawing rights injected $650 billion of much-needed reserves and liquidity into the world’s economies two years ago as they confronted the pandemic. SDRs are the IMF’s unique international reserve assets that member countries generally […]