Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.
In other words, the world is in disunion not just from wealth and income disparities, but through the widening digital and knowledge application gaps.
The consumer price index (CPI) came in at 3.2 percent last month
The jump in the unemployment rate after holding at 3.7 percent for three straight months reflected a further decline in household employment
The Federal Reserve System (Fed), the arbiter of monetary policy in the US, is facing a number of challenges
From tax cuts to new trade conflict with China, re-electing Trump will have a major economic impact
More companies are downgrading their earning estimation in the face of various economic and geopolitical factors
Higher interest rates are among the reasons the US has seen a surge in bankruptcy filings
IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further
Why do voters give Biden’s economy a lousy 36 percent approval rating?
JPMorgan's chief economist said on Friday the bank is no longer forecasting a US recession this year and has raised its economic growth estimate as the economy expands at a "healthy pace."
It is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.
One of the few axioms of US politics is the loss of seats by the president's party in midterm House elections
A first read on US economic growth last quarter, due out Thursday, will amplify an ongoing debate over whether the country is, or will soon be, in recession.
A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:
The International Monetary Fund warns the United States over poverty and rising inequality in the country, saying both could hold back its economic potential.
The US economy adds 295,000 jobs in February, while the unemployment rate fell to 5.5% from 5.7%