Our Economy and the World Issue 326

16-07-2023

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • BBC News: US inflation rises at slowest pace in two years
  • CNBC: China cuts a key policy rate for first time in 10 months as economic rebound cools
  • Reuters: US economic activity rose slightly in recent weeks, Fed survey shows
  • Bloomberg: Russia’s flagship crude oil surpasses G-7 price cap for first time

Special Analysis 

  • McKinsey: Economic conditions outlook during turbulent times, June 2023

Developments in Financial and Commodity Markets in the Past Week

  • Oil Price: Brent oil price rises above $80 per barrel as supply tightens
  • CNBC: European markets close higher as U.S. inflation cools by more than expected