Bank of England governor says the UK is facing a wage-price spiral
Andrew Bailey said second-round effects of wage growth and price setting were “unlikely to go away as quickly as they appeared.”
The IMF warned of the risks posed by unsustainable public debt levels.
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director...
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs,"...
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2...
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and...