(Image: MikeMareen/iStock by Getty Images) July 19, 2022/IMFBlog By Mark Flanagan, Alfred Kammer, Andrea Pescatori and Martin Stuermer The partial shutoff of gas deliveries is already affecting European growth, and a full shutdown could be substantially more severe. Russia’s invasion of Ukraine has further darkened the global growth outlook, with […]
OPINION/EDITORIAL
Are Oil Prices Set To Rally Once Again?
July 19, 2022/OilPrice.com Chart of the Week – Dropping copper prices are often viewed as a crucial indicator in forecasting a future economic recession, hence the nickname Dr. Copper, and it seems that we have entered exactly that period. – Since April, copper has lost almost a third of its […]
Post MPC July 2022: MPC Raises Key Policy Rate by 100bps to 14.0% – Highest Since February 2019
July 19, 2022/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to increase the Monetary Policy Rate (MPR) by 100bps to 14.0% – the second consecutive rate hike to the highest level in 42 months. The hike brings the total rate increase so […]
