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2 Feb 23
Major central banks have continued to hike interest rates in a bid to tame inflation, which remains at multi-decade highs.
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27 Jan 23
The economic slowdown exacerbated by high inflation could undermine hard-won progress on sustainable development goals, the United Nations has said.
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20 Jan 23
To meet borrowing needs, the Egyptian government will have tough decisions to make following the approval of a $3bn International Monetary Fund loan.
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17 Jan 23
Concerns over an extended period of high inflation will lead to the European Central Bank raising interest rates higher than expected, ratings agency Fitch has said.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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3 Jan 23
Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
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16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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30 Nov 22
Weakened demand from key trading partners and higher interest rates will hinder Latin American economies next year, following stronger-than-expected growth in 2022, S&P Global has said.
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18 Nov 22
Security spending and policies aimed at shielding people from inflation will leave Finland’s public finances in a weaker position, according to the International Monetary Fund.
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15 Nov 22
Protectionism and national self-interest must be avoided if the world economy is to emerge from the ongoing crises as strongly as possible, International Monetary Fund managing director Kristalina...
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10 Nov 22
The Bangladeshi government has reached a provisional agreement on a $4.5bn loan package with the International Monetary Fund aimed at combating the cost-of-living crisis and increasing resilience...
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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4 Nov 22
Spain’s proposed windfall tax on commercial banks could end up doing more harm than good to the nation’s economy, the European Central Bank has warned.
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25 Oct 22
European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
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30 Sep 22
The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
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27 Sep 22
A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
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23 Sep 22
Governments should avoid or reverse widespread tax cuts and energy caps introduced in response to the cost-of-living crisis, or they risk encouraging the use of fossil fuels, economists at the OECD...
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23 Sep 22
The US central bank has put interest rates up by another big jump, continuing its recent fast pace of increases as inflation continues to be far above its target level.
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15 Sep 22
The energy crisis exacerbated by the Russian invasion of Ukraine will see the UK and eurozone plunge into a recession later this year and in 2023, economists at Fitch have said.
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9 Sep 22
The European Central Bank is set to raise interest rates by a record 0.75 percentage points in a bid to rein in rampant inflation.
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5 Sep 22
The German government is set to allocate a further €65bn to help soften the blow of the cost-of-living crisis on businesses and households.