International Monetary Fund

The International Monetary Fund (IMF) is a global organization that works to foster international monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. It achieves these goals by monitoring the economic and financial policies of its member countries, providing financial and technical assistance, and conducting research and analysis. The IMF is newsworthy due to its recent warnings about trade tensions and geopolitical risks threatening global economic growth, particularly those stemming from potential tariff wars and reversals in the AI boom. It recently released its World Economic Outlook, revising growth forecasts for China and the US, citing a 'truce' in their trade war and stimulus roll-out. The IMF's assessments of inflation in countries like Australia and its commentary on economic priorities, such as India's focus on pollution versus tariffs, highlight its continued relevance in shaping global economic discourse and policy.