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Yellen says IMF has adequate resources, but needs quota reform

The International Monetary Fund's steering committee on Friday said would accelerate its discussions on quota reforms at the global lender with an eye to making "considerable progress" by their next meeting in October.

IMF sees BOJ keeping negative rates, scope for tweak to yield cap

The Bank of Japan is likely to maintain negative short-term interest rates until inflation durably hits 2%, but could allow long-term yields to move more flexibly around its target, a senior International Monetary Fund official said on Friday.

Italy market watchdog Consob looking closely at Leonardo CEO pick

Italy's stock market watchdog Consob is scrutinising the government's CEO nominee at defence group Leonardo after an opposition lawmaker raised potential conflict-of-interest issues, sources at the regulator said on Friday.

IMF forecasts slower Middle East, North Africa growth in 2023

GDP growth in the Middle East and North Africa region will slow to 3.1% in 2023, from 5.3% a year ago, International Monetary Fund (IMF) Middle East and Central Asia department director Jihad Azour said on Thursday.

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