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Economic News
16 Jan
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IMF leaves global GDP forecasts for 2017, 2018 unchanged after US elections

The global economy was set to accelerate over the next two years but there were uncertainties around exactly what policies the US would put in place and several emerging market economies were now seen growing more slowly, the International Monetary Fund said.

16 Jan
Britain, UK flag
IMF upgrades 2017 UK growth forecast, lowers 2018 view

The world's financial watchdog revised its forecast for economic growth in Britain higher for 2017.

16 Jan
Trump promises 'very quick' trade deal with Brexit Britain

Donald Trump has pledged to agree a quick trade deal between the US with Britain once it has exited from the European Union.

16 Jan
German finance minister Schäuble issues trade warning to Trump

Wolfgang Schäuble, the German finance minister, has warned US president-elect Donald Trump that protectionist trade policies will cause long-term damage to the global economy.

16 Jan
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Ex-Fed boss Bernanke says Trump's views on China don't 'fit with reality'

Ben Bernanke, the former head of the US Federal Reserve, has dismissed claims from president-elect Donald Trump that China is a currency manipulator.

16 Jan
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Trump attacks CIA boss Brennan as rift with intelligence agencies deepens

US President-elect Donald Trump has taken aim at intelligence agencies in the country once again, criticising Central Intelligence Agency boss John Brennan and questioning whether he was involved in leaking documents to the press.

16 Jan
London houses
Window of opportunity for first time home buyers in 2017, says Rightmove

First-time home buyers in the UK have a “window of opportunity” in 2017 as there are fewer buy-to-let investors to compete against in the market, Rightmove said on Monday.

16 Jan
donald trump
Pound falls on reports Westminster to push for hard-Brexit

News that the Prime Minister was to say in a speech the UK was ready to withdraw from the European single market and that it would seek to regain its independence from the European Court of Justice, sent Sterling back towards its post-Brexit lows.