July 20, 2020/IMFBlog By Gustavo Adler, Gita Gopinath and Carolina Osorio Buitron Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these […]
OPINION/EDITORIAL
A Pause to Assess the Cut in May?
Culled—Proshare July 20, 2020 By FBNQuest Research The monetary policy committee (MPC) holds a virtual meeting today in Abuja. The consensus among analysts in May was that there would again be no change. Yet the committee produced a majority vote for a 100bps reduction in the policy rate to 12.50%, […]
IMF Weekend Read: A New Phase of the Crisis
July 17, 2020/IMF In today’s edition we focus on the next phase of the crisis, challenges to monetary policy during a pandemic, economic and recovery updates for the Middle East, Asia, Latin America and Europe, building a sustainable global food system, COVID-19 and corruption, and summer reading for economic enthusiasts. […]
