On Tuesday, the International Monetary Fund (IMF) cut its forecast for global growth and warned that risks of downside from the Russia-Ukraine war and high inflation were finally materializing. It also warned that if these issues were left unchecked, they…
On Friday, the domestically focused FTSE 250 index in Britain managed to outperform the FTSE 100, with insurance company Beazley climbing to the top of the mid-cap index thanks to a strong annual forecast. The FTSE 100 The blue-chip FTSE…
Asian central banks had managed to buck the trend of monetary policy tightening globally so far. However, now it appears that central banks in Asia are scrambling to catch up because they have to defend their currencies that are weakening…
On Thursday, the Bank of Japan conducted its policy meeting in which it issued fresh forecasts for inflation, which showed that it would increase the bank’s target this year. Yet, it made no changes to its ultra-easy policy and signaled…
On Wednesday, official data showed that inflation numbers continue to soar in Canada at their fastest rate. Such a rise in prices was last seen in the country in January 1983, but since the rise was not as sharp as…
Alonzo Powell