The head of one of Wall Street’s largest banks is sounding a note of caution about sharp swings in interest rates, even as he says the...
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IMF and World Bank Annual Meetings Open With Global Economy in Focus
Senior officials from the International Monetary Fund and World Bank are gathering this week for their annual joint meetings, with a high-profile debate on the state...
IMF Warns Asian Growth Is Slowing as Rising Yields Spread Pressure Across Region
The International Monetary Fund has flagged a slowdown in Asian economic growth, cautioning that rising bond yields are spilling over into the region’s financial markets and...
Uganda’s Shilling Tops Global Currency Rankings After Central Bank Raises Rates
Uganda’s shilling has emerged as the world’s best-performing currency in recent trading, powered by a significant interest rate increase from the country’s central bank. The move...