This week’s issue of includes:
Key Global and Regional Developments over the Past Week
- BBC: US makes biggest interest rate rise in almost 30 years
 - Reuters: U.S. mortgage interest rates jump to highest level since 2008
 - Bloomberg: China is walking back virus loosening weeks after reopening
 - Bloomberg: UK economy shrinks unexpectedly
 - Reuters: U.S. retail sales post first decline in five months as inflation bites
 
Special Analysis
- World Bank: Global Economic Prospects – June 2022
 
Developments in Financial and Commodity Markets in the Past Week
- Bloomberg: Bitcoin’s Unrelenting Selloff Puts Prices on Verge of $20,000
 - CNBC: Stocks jump after Powell signals Fed will stay tough on inflation, Dow snaps 5-day slide
 
