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World Bank Cuts 2022 Global Growth Forecast on Virus Flare-Ups

(Bloomberg) -- Covid-19 flare-ups, diminished policy support, and lingering supply-chain bottlenecks will see the global economic recovery cool more than previously estimated in 2022, after last year’s expansion clocked the fastest post-recession pace in eight decades, the World Bank said.
United States World Bank District Of Columbia Ayhan Kose David Malpass World Bank Group

Ghana Inflation Accelerating to 12.6% Pressures Central Bank

(Bloomberg) -- Ghana’s inflation rate jumped to the highest level in almost five years in December, underscoring the dilemma the central bank faces in trying to balance its efforts to curb price growth and boost the economy.   Annual inflation accelerated to 12.6% from 12.
Ghana General Greater Accra Samuel Kobina Annim Databank Group New Economy Daily Government Statistician Samuel Kobina Annim

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India Yields Hit Two-Year High as RBI Sells in Secondary Market

(Bloomberg) -- India’s benchmark yield jumped to the highest in two years as demand for bonds at recent auctions dwindled amid concern over the central bank’s consistent sales of the nation’s debt in the secondary market. The 10-year bond yield rose five basis points to 6.
Naveen Singh Suyash Choudhary Shaktikanta Das Securities Primary Dealership Ltd Asset Management Ltd Reserve Bank

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