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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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5 Sep 23
Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
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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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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
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12 Jun 23
The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
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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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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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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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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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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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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.
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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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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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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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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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29 Nov 22
Interest rates at the European Central Bank will keep going up, according to its president Christine Lagarde, but a leading economist has questioned whether advanced economies should loosen their...
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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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.