Every Hermes Vector story about International Monetary Fund, newest first. Each one is checked against its sources.
China's economy grew 4.5% in the third quarter, accelerating from 4.3% in Q2. While exports surged, domestic demand remained weak due to a property slump and rising energy costs.
Federal Reserve Chair Kevin Warsh identified AI spending as an economic shock driving demand, while pledging to maintain price stability amid rising inflation.
The International Monetary Fund projects Japan's nominal GDP will be overtaken by India and the United Kingdom in 2027, dropping its global ranking from fourth to sixth.
The UK economy expanded by 0.1% in August, beating analyst expectations, according to the Office for National Statistics. The growth follows a 0.4% rise in July and comes just before Chancellor John Healey's first Budget.
