This week’s issue of “Our Economy and the World” includes:
Key Global and Regional Developments over the Past Week
- Bloomberg: After Fed Rate Cut, Powell Says Jobs Market No Longer Very Solid
- Reuters: Bank of Canada cuts rates to 2.5%, says ready to cut again if risks rise
- Reuters: Food prices drive British inflation to 3.8% in August, above US, euro zone
- AP: South America’s Mercosur bloc signs trade deal with 4 European countries
Special Analysis
- Bank of International Settlements: BIS Quarterly Review – International banking and financial market developments
Developments in Financial and Commodity Markets in the Past Week
- Reuters: Oil prices ease on US demand concerns
- Reuters: Gold falls after scaling record peak as markets digest Fed Chair Powell’s comments