Tag: Inflation
Browse our exclusive articles!
Turkish watchdog cuts banks’ forex to capital ratio limit
Turkey's BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a...
S&P Global lowers 2023 growth forecast for emerging markets
S&P Global Ratings lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the Russia-Ukraine conflict, a lingering COVID-19 pandemic...
UK inflation hits 41-year high as Hunt readies budget
Surging household energy bills and food prices pushed British inflation to a 41-year high, according to data published a day before finance minister Jeremy...
WTO warns of ‘real’ recession risk in some major economies
The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as...
UK stocks fall as inflation returns to 40-year high; banks under pressure
UK stock indexes closed lower on Wednesday after data showed consumer prices returned to a 40-year high in September, while banking stocks were hit...
