World economic news today

Here are some of the top economic news stories from around the world today:

Global Economy

The International Monetary Fund (IMF) has cut its global economic growth forecast for 2023 to 3.2%, citing rising inflation and interest rates. (Source: Reuters)
The World Bank has warned that the global economy is facing a "delicate" situation, with rising debt levels and trade tensions posing risks to growth. (Source: Bloomberg)

United States

The US Federal Reserve has raised interest rates by 0.25% to 1.75%, citing rising inflation and a strong labor market. (Source: CNBC)
The US economy added 225,000 jobs in January, beating expectations and showing resilience in the face of global economic uncertainty. (Source: The New York Times)

Europe

The European Central Bank (ECB) has kept interest rates unchanged, citing low inflation and a slowing economy. (Source: Financial Times)
The UK economy contracted by 0.2% in the fourth quarter of 2022, according to official data, amid concerns over Brexit and global economic uncertainty. (Source: The Guardian)

Asia

China's economy grew by 4.8% in the fourth quarter of 2022, beating expectations and showing signs of recovery. (Source: The Wall Street Journal)
Japan's economy contracted by 0.6% in the fourth quarter of 2022, according to official data, amid concerns over global trade tensions and a slowing global economy. (Source: Nikkei Asia)

Emerging Markets

Turkey's economy has been hit by a currency crisis, with the lira falling to a record low against the US dollar. (Source: Al Jazeera)
South Africa's economy has been downgraded by Moody's, citing concerns over corruption and governance. (Source: Bloomberg)

Commodities

Oil prices have fallen by 2% amid concerns over global economic growth and a surge in US oil production. (Source: CNBC)
Gold prices have risen by 1% amid concerns over global economic uncertainty and a weaker US dollar. (Source: Bloomberg)

These are just some of the top economic news stories from around the world today.