Credit: Chunyip Wong/iStock by Getty Images Financial sector policy October 11, 2022/IMFBlog Global financial conditions have tightened as central banks accelerate monetary policy normalization to keep rapid inflation from becoming entrenched Tobias Adrian Financial conditions have tightened as central banks continue to hike interest rates. Amid the highly uncertain global […]

October 11, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week French refinery strike aggravates middle distillate pain     – Diesel cracks have hit all-time highs this week in both Europe and North America as an already super-tight inventory situation has been aggravated by the ongoing French refinery strike.  […]

Credit: Joshua Rawson-Harris/Unsplash October 11, 2022/IMFBlog Economic growth One-third of the world economy will likely contract this year or next amid shrinking real incomes and rising prices Pierre-Olivier Gourinchas The global economy continues to face steep challenges, shaped by the Russian invasion of Ukraine, a cost-of-living crisis caused by persistent […]