16/4/2016/IMFC Chaired by Mr. Agustín Carstens, Governor of the Bank of Mexico Global economy The global economy continues to expand modestly. Global growth, however, has been subdued for a long time, and the outlook has weakened somewhat since October. Although recent developments point to some improvements in sentiment, financial market […]
Tag: emerging market
Policy Imperatives for Boosting Global Growth and Prosperity-David Lipton
March 8, 2016/IMF Let me start by thanking the National Association for Business Economics and Tom Beers for inviting me to speak to you today. At the recent G20 meeting in Shanghai, countries recognized the challenges facing the world economy, acknowledged that the recovery remains too weak and uneven, and […]
South Africa’s central bank hikes key rate to 5.5%
South Africa’s central bank raised its key interest rate to 5.5 percent on Wednesday as concerns grew over its weakening currency amid an emerging market rout. The bank hiked its key interest rate – the rate at which it lends to commercial banks – 50 basis points (bps) to 5.5 […]
