IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid tec...
10 Jul, 2026, 06.07 PM IST
IMF appoints ex-Fed economist Silvana Tenreyro as chief economist, head of researchThe International Monetary Fund appointed Silvana Tenreyro as its next chief economist. She will assume the role of economic counselor and ...
08 Jul, 2026, 08.31 AM IST
Silvana Tenreyro appointed as IMF’s new Economic Counsellor, head of researchSilvana Tenreyro will join the International Monetary Fund as its new chief economist. She brings extensive policy experience and academic ...
08 Jul, 2026, 12.40 AM IST
Bank of England raises rates by 50 bps to 5%, highest since 2008BoE has increased interest rates higher than the predicted 0.25% increase, following the increase in British inflation and wages since its ...
22 Jun, 2023, 04.44 PM IST
Bank of England raises interest rates to 4.5% as inflation is slow to fallThe Bank of England has raised its interest rate by a quarter of a percentage point to 4.5%, the highest level since 2008, in its 12th cons...
11 May, 2023, 04.48 PM IST
Bank of England's Silvana Tenreyro says full impact of rates is yet to hit Britain"At this stage, we need to be patient," Tenreyro said on a panel at the International Monetary Fund in Washington on Friday. "There are lon...
17 Apr, 2023, 07.25 AM IST
Sterling breaks above $1.25 for first time since JuneSterling gained strength, breaching $1.25 for the first time since June, despite a warning of an upcoming interest rate cut from Bank of En...
04 Apr, 2023, 06.27 PM IST
FTSE 100 posts worst week of the year, Cineworld plunges over 40%Meanwhile, Bank of England (BoE) policymaker Silvana Tenreyro said the impact of energy price shock and time lag effects of monetary polici...
25 Feb, 2023, 10.44 AM IST
BoE raises key interest rate by 50 bps to 4%, highest since October 2008Seven of the UK central bank’s nine-member Monetary Policy Committee endorsed the hike to 4%, while two voted for no change. The majority s...
02 Feb, 2023, 09.05 PM IST
Bank of England raises rates to 3.5%, expects more rises to come"The labour market remains tight and there has been evidence of inflationary pressures in domestic prices and wages that could indicate gre...
15 Dec, 2022, 05.40 PM IST
BOE raises key interest rate by 75 bps, its biggest hike in 33 yearsThe central bank forecasts inflation will hit a 40-year high of around 11% during the current quarter, but that Britain has already entered...
03 Nov, 2022, 05.42 PM IST
Bank of England raises rates by most since 1995 even as long recession loomsBritish consumer price inflation hit a 40-year high of 9.4% in June, already more than four times the BoE's 2% target, triggering industria...
04 Aug, 2022, 11.50 PM IST
Euro testing support as Ukraine crisis looms over growthThe euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor co...
02 Mar, 2022, 07.16 AM IST
Bank of England raises rates as inflation pressures mountThe nine-member MPC voted by 8-1 to raise Bank Rate to 0.25% from 0.1% with external member Silvana Tenreyro providing the only dissenting ...
16 Dec, 2021, 05.55 PM IST
Gold inches lower on dollar uptick; focus on key central bank meetingsGold prices edged lower on Tuesday, weighed down by an uptick in the dollar as investors eye upcoming key central bank meetings this week. ...
26 Oct, 2021, 07.42 AM IST
FTSE 100 falls as high yields, inflation worries return to foreThe blue-chip FTSE 100 index slid 0.5%, with mining stocks, including Rio Tinto, Anglo American, and BHP, leading the declines.
04 Mar, 2021, 08.44 PM IST
Fiscal cliffs threaten fragile US recovery: Economy week aheadHouse Democrats have already approved a $3.5 trillion bill, while the White House has said the final package shouldn’t exceed $1 trillion -...
19 Jul, 2020, 09.28 AM IST