March 17, 2022/IMF Statement from Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), Werner Hoyer, President of the European Investment Bank (EIB), Carlo Monticelli, Governor of the Council of Europe Development Bank (CEB), Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), and David Malpass, […]
World News
Bank of England Increased Rate to 0.75%
March 17, 2022/Bank of England Monetary Policy Summary, March 2022 The Bank of England condemns Russia’s unprovoked invasion and the suffering inflicted on Ukraine. The Bank is working closely with the UK Government to support its response in coordination with international authorities. The Bank’s Monetary Policy Committee (MPC) supports this […]
Federal Reserve issues FOMC statement
March 16, 2022/US Federal Reserve Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The […]
