Finance

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IMF Chief confirms global economy doing ‘better than feared,’ risks remain

The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund (IMF) said on Wednesday

Kenya’s central bank makes eighth consecutive cut to lending rate

Kenya’s central bank cut its benchmark lending rate for the eighth meeting in a row, saying there was room to ease monetary policy further as inflation remains well within its target range