Economy

Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation

09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the…

China schedules meeting expected to reveal fiscal stimulus details

A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023. Jade Gao |…

Global public debt will hit $100 trillion by year-end, says IMF

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International…

U.S., China trade tariffs escalating would be ‘costly for everybody’: IMF

An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…

Trump tariffs likely to lead to higher U.S. interest rates: IIF chief

Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…

IMF warns on China’s property market worsening

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg…

IMF hikes UK growth outlook amid lower inflation and interest rates

General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty…

Global fight against inflation ‘almost won’ but risks are rising: IMF

Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces…

Why inflation may look like it’s easing but is still a huge problem

A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.  Brandon Bell |…

U.S. deficit tops $1.8 trillion in 2024

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden…