Our Economy and the World Issue 418

03-08-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: Fed leaves rates unchanged despite Trump’s pressure, with two governors dissenting
  • Reuters: Euro zone growth holds up better than feared in Q2
  • CNBC: Trump announces 25% tariff on India plus ‘penalty’ for trade with Russia
  • Reuters: Italy’s economy unexpectedly shrinks in second quarter amid trade uncertainty

Special Analysis 

  • IMF: Global Economy: Tenuous Resilience amid Persistent Uncertainty

Developments in Financial and Commodity Markets in the Past Week

  • Bloomberg: US Copper Prices Plunge as Trump Tariffs Exclude Refined Metal
  • Oil Price: Oil Prices Remain Elevated as Traders Brace for Volatile Week