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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.
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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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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3 Oct 22
Developing country central banks making losses amid rising interest rates and falling asset values risk harming their governments’ public finances, ratings agency Fitch has warned.
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27 Sep 22
Central banks raising interest rates to slow inflation will pile more financial pressure on poorer economies and could restrict spending on healthcare, economists at the World Bank have warned.
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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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16 Sep 22
Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
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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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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.