The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of 189 countries. Each country or region is represented by a member on the Fund's Executive Board and numerous staff members. They work to foster global monetary cooperation by means of standardizing global financial relations and exchange rates.

The IMF generally monitors the global economy, and its core goal is to economically strengthen its member countries. Specifically, the IMF was created with the intention of Promoting global monetary and exchange stability, Facilitating the expansion and balanced growth of international trade, and, Assisting in the establishment of a multilateral system of payments for current transactions.

The IMF main function is to oversee the international monetary and financial system and monitor the economic and financial policies of its member countries. This activity is known as surveillance and facilitates international cooperation. While the IMF sets standards for the global economy and monitors the financial communications between countries, it also helps those countries in need by lending them the money necessary to turn their economy around and rebuild their financial structure. Countries contribute to a pool from which countries in need can borrow as a short-term loan. If a country has a balance of payments deficit, the IMF can step in to fill the gap. It serves as a council and adviser to countries attempting a new economic policy.

Latest news on The IMF & the Economy

U.S. Public Finance & Infrastructure Weekly Rating Activity Report - January 10 to January 14, 2022
U.S. Public Finance & Infrastructure Weekly Rating Activity Report - January 10 to January 14, 2022. Mon 17 Jan, 2022 - 5:15 AM ET.
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PERSONAL FINANCE: Current issues and related thoughts about finances - MPNnow.com
A personal finance column by John Ninfo, founder of the National CARE Financial Literacy Program.
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Japan finance minister vows stable JGB issuance via dialogue with markets - MSN
With its population rapidly ageing, Japan's public finances are facing structural problems over imbalances between benefits and burdens in the ...
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Unilever to Weigh Raising Offer for Glaxo Consumer Unit - Yahoo Finance
(Bloomberg) -- Unilever Plc has held talks with banks about additional financing for a potential sweetened offer for GlaxoSmithKline Plc's ...
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CORRECTING and REPLACING ELYSIA Attracts USD 1 Million Investment From FBG ...
ELYSIA, a decentralized project linking the two finances of real and virtual assets, has attracted USD 1 million investment from FBG Capital.
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Japan finance minister vows stable JGB issuance via dialogue with markets - WKZO
With its population rapidly ageing, Japan's public finances are facing ... Finance Minister Shunichi Suzuki said in his fiscal policy speech, ...
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Gold, U.S. Yields Rise as Markets Bet on Fed Rate Hikes By Investing.com
Other Fed officials have also indicated that the central bank is likely to hike interest rates in March 2022. The Fed will meet to hand down its ...
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BTC 'likely' to repeat Q4 2020 move ' 5 things to watch in Bitcoin this week - Cointelegraph
After a rangebound weekend with little unique price action, BTC/USD is ... Hash rate, as Cointelegraph noted, is now back at all-time highs, ...
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Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin
Zooming out, the coin has been in a downtrend since it hit an all-time high of USD 1,415 in April 2021. OHM price is down by 91% since then.
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EUR/USD Price Analysis: Drops towards 1.1380 support confluence - FXStreet
EUR/USD takes offers to refresh intraday low around 1.1405, down 0.08% on a day during Monday's Asian session. The major currency pair took a ...
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What Strategists Are Eyeing in Markets as Treasury Yields Spike - Bloomberg
'And if sustained, this lift in real rates should inspire USD traction, if not rebound. If indeed the real (rates) U.S. dollar stands up, ...
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