IMF hikes global growth forecast as inflation cools
The IMF has revised its global economic outlook upwards.Norberto Duarte | Afp | Getty ImagesThe International Monetary Fund on Monday revised upward its global growth projections for the year, but warned that higher interest rates and Russia’s invasion of Ukraine would likely still weigh on activity.In its latest economic update, the IMF said the global […]
ECB said it’ll stay the course on rate hikes. But it’s not clear for how long
Christine Lagarde, president of the European Central Bank (ECB).Bloomberg | Bloomberg | Getty ImagesEuropean Central Bank President Christine Lagarde has repeatedly used the phrase “staying the course” when referring to upcoming rate decisions, but some market watchers doubt the bank will keep its hawkish stance for much longer.The ECB entered tightening mode last year with […]