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1 – 10 of 141The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Financial markets are betting that ending the Law and Justice (PiS) party’s eight-year rule will help unlock EU funds, strengthen Poland’s institutions and increase its…
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DOI: 10.1108/OXAN-DB283548
ISSN: 2633-304X
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The Fed insists that subsequent moves will depend on economic developments, but its forecast implies that, although not imminent, another 25-basis-point (bp) increase will happen…
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DOI: 10.1108/OXAN-DB282113
ISSN: 2633-304X
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The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…
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DOI: 10.1108/OXAN-DB280020
ISSN: 2633-304X
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TURKEY: Inflation and interest rates will slow growth
While headline inflation in the United States and the euro-area has fallen steadily, core inflation remains stubborn. The ‘last mile’ of the disinflation process will be the most…
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DOI: 10.1108/OXAN-DB280687
ISSN: 2633-304X
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Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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A combination of surging inflation, a looming recession, a record-high current account deficit and plans to spend GBP150bn (USD172bn) to cap energy prices is creating emerging…
However, interest-rate-sensitive sectors such as home improvement are suffering the largest sales declines, according to weekly credit-card spending data. Housing prices also are…
Fed projections suggest that interest rates will rise by 75 basis points (bp) to 5.00-5.25% by end-2023. Bond markets expect rate cuts from mid-year, in effect betting on a sharp…