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BoE to raise rates again in March, inflation to peak soon after

BoE to raise rates again in March, inflation to peak soon after

© Reuters. FILE PHOTO: The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor/File Photo By Swathi Nair BENGALURU (Reuters) – The Bank of England will raise interest rates faster than previously thought to tame surging inflation, according to economists polled by Reuters who significantly upgraded their forecasts for consumer price rises.…

Afghan central bank says U.S. plan for frozen funds an ‘injustice’

Afghan central bank says U.S. plan for frozen funds an ‘injustice’

© Reuters. FILE PHOTO: An UNHCR worker pushes a wheelbarrow loaded with aid supplies for a displaced Afghan family outside the distribution center as a Taliban fighter secures the area on the outskirts of Kabul, Afghanistan October 28, 2021. REUTERS/Zohra Bensemra KABUL (Reuters) – Afghanistan’s central bank on Saturday criticised Washington’s plan to use half…

U.S. Treasury rejects push by lawmakers to end IMF surcharges on some loans

U.S. Treasury rejects push by lawmakers to end IMF surcharges on some loans

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – The U.S. Treasury Department on Friday rejected an appeal by 18 Democratic lawmakers who want the International Monetary Fund (IMF) to end its practice of…

Colombia GDP growth slowed in 4th quarter but hit record in 2021

Colombia GDP growth slowed in 4th quarter but hit record in 2021

By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s economic growth probably slowed in the final quarter of 2021, but is expected to have hit a new annual record after authorities lifted coronavirus curbs and adopted expansive policies, a Reuters poll showed on Friday. According to the median forecast from 16 analysts, Colombia’s fourth-quarter gross domestic product…