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16 Mar 17
The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
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15 Mar 17
The OECD has congratulated Spain on its economic recovery just as the country is also buoyed by official figures showing inflation at a four-year high.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
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3 Mar 17
Eurozone inflation surpassed the bloc’s target rate for the first time since 2013 in February, according to preliminary data published yesterday by Eurostat.
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14 Feb 17
All 27 European Union economies are forecast to grow for three years in a row – marking the first time the European Commission has made such a prediction in almost a decade.
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6 Feb 17
The International Monetary Fund has warned that the Turkish economy will continue to struggle and called on its government to rein in its fiscal policy.
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31 Jan 17
The eurozone economy grew by 0.5% in the final quarter of 2016, according to official figures, suggesting that Europe’s tentative recovery is continuing.
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30 Jan 17
Japan’s consumer price inflation has fallen for the first time in four years, dealing another blow to government and central bank efforts to boost the deflating economy.
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20 Jan 17
The European Central Bank has kept its extraordinary monetary policy unchanged after its latest monetary policy meeting yesterday.
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19 Jan 17
The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
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17 Jan 17
Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
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16 Jan 17
Inflation in Nigeria rose for the tenth consecutive month in December, according to a report published last week by the country’s National Bureau of Statistics.
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9 Jan 17
The independence of central banks in Europe could undergo significant changes in the future, according to a survey of economists on the continent.
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9 Jan 17
Minimum wages and pensions are to rise by 50% in Venezuela as part of government attempts to combat runaway inflation.
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19 Dec 16
Venezuela’s president has pulled back on his sudden demonetisation of the country’s biggest bank note amid chaos and cash shortages.
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12 Dec 16
Venezuela’s largest bank note will be pulled from circulation this week in a surprise move announced by the country’s president Nicolas Maduro yesterday.
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5 Dec 16
Venezuela is to introduce a new bank note worth 200 times its current, highest denomination in a bid to ease transactions in its rapidly inflating economy.
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15 Nov 16
Eurozone economies are at risk from protectionism and heightened uncertainty stemming from the election of Republican candidate Donald Trump to the White House, the vice president of the European...
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14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
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14 Nov 16
Since taking office last year, Argentinean president Mauricio Macri has rocked the long-time socialist country with sweeping pro-market and for some, painful reforms. Where do his plans stand almost...
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11 Nov 16
Argentina is once again able to report inflation data to the International Monetary Fund after regaining the institution’s trust on the quality of its official statistics.
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30 Sep 16
The International Monetary Fund has completed its first health check of the Argentinean economy in a decade, marking an end to years of distrust between Argentina and the fund.
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23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.