Growth has been upgraded from 0.8% to 1% for 2026 in the influential body's latest forecast.

The Bank of England is expected to hold and even potentially hike interest rates this year in response to resurgent inflation sparked by the Iran war.

[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the ...

IMF says BoE can likely hit 2% by end-2027 without rate hikes if energy falls, and inflation is only near 4% by year-end.

The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.

UK inflation has fallen back sharply, but experts warned the latest data marks the calm before the storm as the Iran war ...

WASHINGTON, March 19 (Reuters) - The IMF on Thursday said it was closely monitoring developments in the Iran ‌war and the resulting disruptions to energy production, warning that prolonged ‌increases ...

Accra on Friday said it had helped restore macroeconomic stability and debt sustainability ahead of schedule.

UK inflation fell in April. The consumer price index (CPI) grew 2.8pc during the year to last month, down from 3.3pc in March ...

WASHINGTON, April 9 (Reuters) - Central ⁠bankers ⁠must be prepared to tighten ⁠monetary policy to avoid an inflationary spiral if war-driven energy price shocks are sustained, but also need to watch ...