monetary policy
- Business
IMF revises up global economy forecast for 2023, still expects slowdown
World economy expected to grow 2.9% this year compared to 2.7% in October report, but down from 3.4% expansion for…
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Eurozone manufacturing PMI rises to 5-month high in January
Rising from previous month, manufacturing activity continued to contract for 7th consecutive month Euro area manufacturing purchasing managers’ index (PMI)…
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Gold prices seen rising towards record highs as rate rises near end
Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence,…
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World Bank slashes global growth forecast for 2023 to 1.7%
This would mark 1st time in over 80 years that 2 global recessions have occurred within same decade, says World…
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Turkish Central Bank maintains 5% mid-term inflation target
Bank in 2023 will continue to not buy or sell FX to determine foreign exchange rate level, it says In…
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China central banker calls for strengthening property sector policies
A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in light…
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Turkiye: Central Bank’s Monetary Policy Committee to meet for rates this week
The Central Bank’s Monetary Policy Committee (MPC) will meet to decide on the key interest rate on Dec. 22. This…
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ECB increases key interest rates by 50 basis points
Bank’s inflation expectations are 8.4% for 2022, 6.3% for 2023, 3.4% for 2024, and 2.3% for 2025 The European Central…
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Asian Development Bank lowers GDP forecast for developing Asia
China’s pandemic measures, Russia-Ukraine war, and monetary policy tightening slowing down post-pandemic recovery process, says bank The Asian Development Bank…
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Commodity markets start week down amid issues in China
Price of Brent oil price hits lowest level since this January Commodity markets started the week trending negative amid nationwide…
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