IMF raises global growth forecast 2023

IMF raises global growth forecast 2023

(VOVWORLD) -In its latest World Economic Outlook released on Tuesday, the International Monetary Fund (IMF) revised up its forecast for global growth this year by 0.2 percentage points to 3%,...
Bank of England hikes rate to 5%

Bank of England hikes rate to 5%

(VOVWORLD) - The Bank of England raised interest rates by a bigger-than-expected half a percentage point on Thursday, the biggest hike since February to the highest rate since 2008,...