GDP
Rates round-up: Pakistan adds 100bp to main rate
Central banks raise rates in Kenya, Congo and Iceland
Rates round-up: tighter policy in Uruguay, Rwanda and French Pacific
Persistent inflation prompts further rate rises in emerging market economies
Serbia hikes for eighth consecutive month
Inflation is nearing peak and “slowdown was sharper than expected”, board says
Nicaragua raises policy rate for sixth time this year
Country’s economy has recovered from long recession, but inflation remains high
Albanian governor says latest increase brings rates to neutral level
Gent Sejko forecasts inflation will not reach central bank’s target until second quarter of 2024
Dominican Republic signals possible end to hikes
Board orders 25bp rise but says policy rate has reached “appropriate level”
Liquidity dependence may hamper QE exit
Expanding reserves may prove perilous for financial stability, with maximum danger during QT, writes Viral Acharya
Costa Rican board says it will slow rate rises
Central bank orders 50bp increase, but says cycle will continue at “lesser rhythm”
Bank of Canada makes smaller-than-expected rate rise
Macklem says central bank is “getting closer” to end of increases, “but we are not there yet”
FATF puts Myanmar on money-laundering blacklist
Move may increase economic pressure on military junta as currency crisis grows
Hungary makes emergency intervention to defend forint
Action comes after the central bank said it would cease rate rises
Chilean board makes 11th hike, but says cycle may be over
Central bank leaders say “rate has reached its maximum level of the cycle”
IMF publishes sober outlook for 2023
“Worst is yet to come”, says chief economist
Colombian president criticises central bank’s rate increases
Finance minister argues tighter policy could bring recession without reducing inflation
Iceland’s MPC carries out ninth consecutive rate rise
Central bank slows tightening cycle amid signs inflation may be on downward path
UN body warns central banks could set off global recession
UNCTAD report calls for price controls rather than rate hikes
Colombia orders ninth consecutive rate increase
Inflation rises above central bank projections as finance minister expresses frustration
Controversial nominee joins Paraguayan board
Central bank continues tightening process with fourteenth straight hike as inflation slows
IMF says it will not provide loans for Zimbabwe
Fund urges central bank to cease “quasi-fiscal operations” as official inflation reaches 285%
Guatemalan central bank orders 25bp hike
Central bank raises rates to highest level since 2017
Mongolia makes 200bp hike
Central bank has doubled rates since start of year
Economy’s ‘first responders’ now in the line of fire
Forceful but late interventions to combat inflation raise the risk of central bank overreactions
Costa Rica continues tightening with 100bp increase
Central bank cites concerns about rising inflation expectations and second-round effects
IMF unlocks $31.9 million for Madagascar
Natural disasters and oil price rises increased fiscal deficit