OPINION/EDITORIAL

Pre-MPC March 2024 Meeting: More Rate Hikes Ahead

March 22, 2024/Cordros Report The Monetary Policy Committee (MPC) has slated its second meeting of the year for 25th and 26th of March, deviating from its usual schedule (MPC typically convenes bi-monthly). The meeting follows on from the February meeting when the Committee implemented a 400 basis points hike of […]

Hopes of a Gaza Ceasefire Are Putting Oil Prices Under Pressure

March 22, 2024/Oilprice Tom Kool Editor, Oilprice.com Renewed hopes of a ceasefire in Gaza and U.S. efforts to halt Ukrainian attacks on Russian refineries have added some downward pressure to oil prices. Despite this downward pressure, bullish sentiment continues to build in oil markets. Friday, March 22nd 2024 A potential […]

Strengthen Central Bank Independence to Protect the World Economy

(Credit: ymgerman/iStock by Getty Images) March 21, 2024/IMFBlog By Kristalina Georgieva Central bankers today face many challenges to their independence. Calls are growing for interest-rate cuts, even if premature, and are likely to intensify as half the world’s population votes this year. Risks of political interference in banks’ decision making […]