Latest News

Fighting COVID will help economy recover faster, lower inflation – IMF’s Georgieva

Economy5 minutes ago (Feb 02, 2022 16:26)

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse

WASHINGTON (Reuters) – The COVID-19 pandemic remains the biggest risk to the global economy, and is contributing to rising inflation in many countries, International Monetary Fund chief Kristalina Georgieva said on Wednesday.

Georgieva urged redoubled efforts to boost vaccinations and beef up defenses against the coronavirus, saying those efforts would help ease supply chain disruptions and combat inflation, in addition to interest rate increases now being eyed by the U.S. Federal Reserve and other central banks.

The IMF chief conceded that inflation had turned out to be a “more significant economic and social problem” than expected, and said economists had underestimated the impact of delayed consumption and climate shocks on food prices.

Fighting COVID will help economy recover faster, lower inflation – IMF’s Georgieva

Euro zone fiscal support for economy to shrink in 2023 – Eurogroup head By Reuters – Feb 02, 2022

BRUSSELS (Reuters) – Fiscal support for the euro zone economy will diminish next year as the recovery strengthens, the chairman of euro zone finance ministers Paschal Donohoe told…

Inflation rise hurts growth, euro zone ministers concerned By Reuters – Feb 02, 2022

BRUSSELS (Reuters) -The surge in inflation is hurting growth in the euro one and finance ministers are naturally concerned, the chairman of the ministers Paschal Donohoe told the…

Analysis-Stampede for euro debt sales eases in January in possible turning point By Reuters – Feb 02, 2022

By Yoruk Bahceli (Reuters) – Euro zone markets, where investors once snapped up scarce bonds at any price, may be at a turning point after demand at government debt sales fell…

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Follow us

Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News