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Turkey taking steps to permanently lower inflation, finance minister says – Reuters.com

ISTANBUL, April 4 (Reuters) – Turkey is taking steps to permanently lower inflation, which will show a lasting fall by year-end, Finance Minister Nureddin Nebati said on Monday after annual consumer inflation hit a new 20-year high. Fuelled by rising energy and commodity prices following the Russia-Ukraine war and compounded by the impact of a …

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Mexican economy seen growing 3.4% in 2022, says finance ministry – Reuters

April 1 (Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed on Friday, as Latin America’s second-largest economy claws back losses from the COVID-19 pandemic. The ministry said in a published budget document that it expects the economy to …

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Mexico finance panel notes risk of credit rating action on sovereign, Pemex – Reuters.com

MEXICO CITY, March 30 (Reuters) – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos (Pemex). The council, which includes Mexico’s finance minister, central bank governor and head of the banking commission, said a credit rating action …

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Thai finance minister sees slower growth, interest rate to stay low – Reuters.com

Sees economic growth in Q1 y/y, q/q Says monetary policy should continue to aid recovery Says baht level ‘appropriate’, supports exports Sees inflation at 3%-4% this year, above target range BANGKOK, March 28 (Reuters) – Thailand’s economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the …

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Column: Europe's financial toll in winning an economic war – Reuters

Arrangement of various world currencies including Chinese Yuan, Japanese Yen, US Dollar, Euro, British Pound, Swiss Franc and Russian Rouble pictured in Warsaw January 26, 2011. REUTERS/Kacper Pempel (POLAND – Tags: BUSINESS) Register now for FREE unlimited access to Reuters.com Register LONDON, March 25 (Reuters) – The hit to Europe from an economic war with …

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German fiscal policy to stave off stagflation, finance minister says – Reuters.com

Says govt will apply fiscal tools to avoid stagflation Says can’t rely on ECB to drive growth Need self-sustaining growth and to lead state out of debt BERLIN, March 22 (Reuters) – The German government will tailor its public spending plans to avoid stagflation in Europe’s biggest economy and keep at bay the risk of …

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Turkish finance minister says rise in energy prices accelerating inflation – Reuters.com

ISTANBUL, March 19 (Reuters) – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower it, adding that the lira’s recent decline was within “acceptable” levels. Inflation hit 54% in February and economists expect it to continue rising …

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Japan households accumulate record financial assets as COVID curbs spending – Reuters.com

A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Households’ financial assets at record $17 trln as of Dec – BOJ Roughly half of households’ assets held in …

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