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Board Discussions
on the United States:

July 6, 2015
July 22, 2014
July 24, 2013
July 30, 2012
July 21, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 2.5 3.0
Source: World Economic Outlook Update (July 2015)

United States: Financial Position in the Fund

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United States and the IMF
Updated August 27, 2015

The last Article IV Executive Board Consultation was on July 06, 2015. Listed below are items related to the United States, in reverse chronological order (you can also view items by category).

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June 29, 2011 -- Concluding Statement of the 2011 Article IV Mission to The United States of America
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
June 29, 2011 -- Transcript of a Press Briefing on the International Monetary Fund’s 2011 U.S. Article IV Concluding Mission Statement
June 29, 2011 -- IMF Survey: Tepid U.S. Recovery Poses Challenge for Policy Balance
The U.S. economy continues to recover at a modest pace, but has hit a soft patch. Concerns about risks, including the lack of a credible deficit reduction plan, persist, the IMF said after wrapping up its annual review of the world’s largest economy.
June 21, 2011 -- “The Challenges of Economic Policy Cooperation” By John Lipsky – Acting Managing Director, International Monetary Fund
June 20, 2011 -- Financial Market Update:
Since the publication of the April 2011 Global Financial Stability Report (GFSR), financial risks have risen for three reasons. First, while a multi-speed global recovery remains the base case, downside risks to this baseline have increased. Second, concern about debt sustainability and support for adjustment efforts in Europe’s periphery is leading to market pressures and worries about potential contagion. Political risks are also raising questions about medium term fiscal adjustment in a few advanced countries, notably, the United States and Japan. Third, notwithstanding some recent pullback in risk appetite, the prolonged period of low interest rates may push investors into riskier assets in a “search for yield.” This trend has the potential to build financial imbalances for the future, particularly in some emerging markets. Against these tensions, deep-seated challenges remain. Although there has been progress, improvements in financial system robustness have been insufficient so far. Markets may lose patience and become disorderly if political developments derail momentum on fiscal consolidation and financial repair and reform. Given these risks, policymakers need to accelerate actions to address long-standing financial vulnerabilities as outlined in the GFSR, before the window of opportunity to do so closes.
Text also available in: عربي; 中文; Español; Français; 日本語;
June 17, 2011 -- Transcript of a Press Briefing on the International Monetary Fund’s World Economic Outlook, Global Financial Stability Report and Fiscal Monitor Updates
June 17, 2011 -- IMF Survey: Global Growth Hits Soft Patch, Expected to Rebound
The global economy, hit by slowdowns in Japan and the United States, is expected to reaccelerate in the second half of the year, but growth remains unbalanced and concerted action by major economies is needed to avoid lurking dangers, the IMF says in its latest forecast.
June 15, 2011 -- Changing Patterns of Global Trade
Subject: International trade | United States | Japan | China | Euro Area | Export markets | Trade integration | Exports | Supply elasticity | Demand elasticity | Export prices | Export growth
June 10, 2011 -- IMF Survey: Supporting Aging Populations as Demographics Shift
Demographic changes are threatening the ability of many countries to provide a decent standard of living for the old without imposing a crushing burden on the young, says the IMF’s Finance & Development magazine in a cover story. The world’s population is projected to rise to 9 billion by 2050.
June 01, 2011 -- Inflation Dynamics and the Great Recession
Author/Editor: Sandeep Mazumder | Laurence M. Ball
Series: Working Paper No. 11/121
June 01, 2011 -- Global and Regional Spillovers to GCC Equity Markets
Author/Editor: Tahsin Saadi Sedik | Oral Williams
Series: Working Paper No. 11/138
May 05, 2011 -- IMF Survey: U.S. Unemployment: Matching Skills to Jobs
With the onset of economic recovery in the United States, unemployment has started to fall, but quite slowly, and long-term unemployment remains alarmingly high. The slow pace of labor market recovery has sparked concerns about whether deeper structural factors are impeding the recovery.
May 02, 2011 -- The Global Economic Situation and Its Impact on the Transatlantic Relationship by John Lipsky, First Deputy Managing Director, International Monetary Fund
May 01, 2011 -- Has the Great Recession Raised U.S. Structural Unemployment?
Author/Editor: Marcello M. Estevão | Evridiki Tsounta
Series: Working Paper No. 11/105
May 01, 2011 -- New Evidenceon Cyclical and Structural Sources of Unemployment
Author/Editor: Jinzhu Chen | Bharat Trehan | Prakash Kannan | Prakash Loungani
Series: Working Paper No. 11/106
April 18, 2011 -- IMF Survey: Governments' Role in Economy at Heart of Debts, Deficits Debate
The current discussion about countries cutting public debts and deficits has reopened the larger philosophical debate about the role of government in a country's economy.
April 16, 2011 -- IMFC Statement by Timothy F. Geithner, Secretary of the Treasury, Department of the Treasury, United States
The International Monetary and Financial Committee statement on behalf of United States. PDF File Size: 328Kb
April 13, 2011 -- Transcript of a Press Conference on the International Monetary Fund’s Global Financial Stability Report
April 12, 2011 -- Transcript of a Press Conference on the Fiscal Monitor
April 12, 2011 -- IMF Survey: Governments Need to Tackle Fiscal Risks, Says IMF
The outlook for government debts and deficits in 2011 is mixed, as most advanced economies rein in fiscal deficits but not fast enough to stop their debt rising, the IMF says in its latest review of public spending and government debt and deficits around the world.

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