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5 Feb 24
Falling inflation could give central banks scope to cut interest rates this year, the OECD has said.
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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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23 Jan 24
Fitch predicts interest rate cuts due this year.
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5 Jan 24
Accelerating “bold” investments will improve progress on the Sustainable Development Goals and climate targets, and will help boost the world economy’s stagnant growth, the United Nations has said.
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4 Jan 24
Reliefs to mitigate the cost-of-living crisis will only be implemented if they do not stoke inflation, prime minister Anthony Albanese has said.
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6 Dec 23
OECD inflation drops to two-year low.
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3 Nov 23
PM chooses growth over debt.
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2 Nov 23
A potential peak but markets warned “long way to go”.
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10 Oct 23
Persistent inflation and the impacts of high interest rates are set to slow growth next year as the global economy continues “limping”, the International Monetary Fund has said.
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18 Aug 23
Recent global developments will have a “lasting impact” on growth in major economies, with potential GDP growth not catching up with its pre-pandemic trend any time soon, experts have warned.
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27 Jul 23
Invasion of Ukraine isn’t holding back growth but inflation remains stubborn
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4 Jul 23
Headline inflation across the OECD has continued to fall, hitting the lowest level since before Russia’s invasion of Ukraine.
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29 Jun 23
Governors of major central banks have said there is more “ground to cover” on interest rates, despite concerns over economic slowdowns.
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26 Jun 23
Governments should raise taxes or cut spending in a bid to reduce the burden on monetary policy in the fight against inflation, a central bank body has argued.
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23 Jun 23
Turkey has nearly doubled its interest rates, reversing its longstanding controversial approach of loosening monetary policy to deal with extraordinarily high inflation.
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22 May 23
The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
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3 May 23
The impact of prolonged high inflation is set to hit growth across the Middle East and North Africa this year and accelerate the need for economic reforms, the International Monetary Fund has said.
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25 Apr 23
Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
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21 Apr 23
The Australian government has announced major reform of the country’s central bank after criticism over its handling of inflation led to them carrying out a review.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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11 Apr 23
Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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24 Feb 23
The world’s largest economies must focus on supporting the most vulnerable people and countries to ensure the world economy recovers properly from Covid-19, Indian prime minister Narendra Modi has...
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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7 Feb 23
The Reserve Bank of Australia has lifted its main lending rates for the ninth successive time in a bid to bring inflation under control.