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Turkish finance minister sees single-digit inflation by mid-2023

Turkish finance minister sees single-digit inflation by mid-2023

© Reuters. FILE PHOTO: Shoppers carry bags as they stroll at the Eminonu district amid the spread of the coronavirus disease (COVID-19), in Istanbul, Turkey January 12, 2021. REUTERS/Murad Sezer By Ali Kucukgocmen ISTANBUL (Reuters) -Turkey’s annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are…

Central banks start turning off the cash taps

Central banks start turning off the cash taps

© Reuters. FILE PHOTO: The U.S. Federal Reserve Building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo By Tommy Wilkes LONDON (Reuters) – As speculation grows about when the Federal Reserve will begin reducing the size of its balance sheet, some analysts say the era of “quantitative tightening” has already started. Central bank…

Exclusive-BOJ debates messaging on eventual rate hike as inflation perks up

Exclusive-BOJ debates messaging on eventual rate hike as inflation perks up

2/2 © Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo/File Photo 2/2 By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers are debating how soon they can start telegraphing an eventual…

‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive

3/3 © Reuters. People queue outside an Alfa telecommunications store in Beirut, Lebanon January 12, 2022. REUTERS/Mohamed Azakir 2/3 By Laila Bassam and Timour Azhari BEIRUT (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues have nosedived, and the…