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Real GDP growth moderated to 4.3% year-on-year in 2022 after hitting 7.8% in 2021.
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The euro-area is now expected to grow less in 2023 and 2024 than had been expected in May
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The new governing coalition represents a major realignment in Thailand’s political landscape
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President Erdogan changed rhetoric yesterday and admitted that high interest rates were needed to bring down inflation
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The directors of the IMF advised the government to consider fiscal tightening if oil revenues continue to decline
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Yesterday’s interest rate cut aims at restoring flagging growth but seems premature given persistently high inflation
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Tokyo’s recently adopted Basic Policy shows what the government’s plans are for re-energising the economy
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The Reserve Bank of Australia (RBA) has left its benchmark interest rate unchanged at 4.1% for a third consecutive month
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The Central Bank yesterday made a second cut to its benchmark rate after eleven consecutive rises
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Turkey’s annual consumer price inflation grew sharply in August, although the lira remained relatively stable
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