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Egypt inflation surges to 35 percent in July after subsidy cuts

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CAIRO Egypt's key inflation rates soared to multi-decade highs on Thursday on the back of energy subsidy cuts agreed with the International Monetary Fund as a condition of its $12 billion three-year loan.

Nothing cold about sub-zero rates, IMF researchers find

LONDON Negative interest rates imposed by central banks have generally worked as a tool to boost inflation, pulling down yields and sometimes weakening currencies, International Monetary Fund research has concluded.

Business, 04 Aug 2017

Hot and cold - Euro zone grows but inflation slows

BRUSSELS Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy.

Business, 31 Jul 2017

Hot and cold - Euro zone grows but inflation slows

BRUSSELS Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy.

Business, 29 Jul 2017

Vital for Greece to keep up reforms to secure debt market access - IMF

ATHENS The IMF told Greece on Wednesday that it was critical to keep up its drive on reforms in order to successfully conclude its bailout programme and regain access to debt markets.

Business, 26 Jul 2017

IMF sees negligible rise in costs from moving London clearing after Brexit

BRUSSELS The International Monetary Fund said on Tuesday that it foresaw only a modest increase in transaction costs if clearing and other financial activities are moved from the City of London to the European Union after Brexit.

Business, 25 Jul 2017

IMF maintains global growth forecasts; China, euro zone revised higher

KUALA LUMPUR The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for the euro zone and China.

Business, 24 Jul 2017

IMF could be based in Beijing in a decade - Lagarde

WASHINGTON The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on Monday.

Business, 24 Jul 2017

IMF cuts UK growth forecast, Treasury calls for smooth Brexit

LONDON Britain has suffered the biggest downgrade of economic growth projections by the International Monetary Fund for the world's rich nations this year, prompting the finance ministry to renew its call for a smooth exit from the European Union.

Business, 24 Jul 2017

IMF says revises 2018 Spanish growth forecast up to 2.5 percent

MADRID The Spanish economy will expand by around 2.5 percent in 2018, the International Monetary Fund's chief of mission for Spain Andrea Schaechter told a news conference on Tuesday, up from a previous IMF forecast of 2.1 percent.

Business, 18 Jul 2017