1 / 1 Relevant items tagged with #IMFUSBankingCrisis

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IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations

[May 12, 2023 7:30 PM] The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the…

IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar

[May 4, 2023 3:30 AM] International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the…

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