Christine Lagarde, head of the International Monetary Fund, has sparked fears over the impact of a US default, warning it could cause a global recession.
The International Monetary Fund has upgraded its forecast for the UK economy this year, despite downgrading its global outlook.
Christine Lagarde, managing director of the International Monetary Fund (IMF), has warned failure to raise the debt ceiling could be far worse than the current US government shutdown.
Neil Staines, head of trading for the ECU Group, assesses the impact of recent global policies on currency markets.
The International Monetary Fund (IMF) has warned if the US Federal Reserve begins tapering monetary stimulus, the weakest eurozone countries could be pushed into a "debt-deflation spiral".
The International Monetary Fund (IMF) has renewed its calls on the UK government to do more to boost the economy, but chancellor George Osborne has received support for his austerity programme from member countries.