Our Economy and the World Issue 286


This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • CNBC: Euro zone inflation hits another record of 9.1% as food and energy prices soar
  • Reuters: Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%
  • Bloomberg: French Inflation Slows More Than Expected From Record High
  • Reuters: China’s factory activity extends declines as heat, COVID hit output
  • Bloomberg: Europe Braces for Rationing Risks in Russian Gas Showdown

Special Analysis 

  • UNDP: Issue Brief –  Just Transition

Developments in Financial and Commodity Markets in the past week

  • CNBC: Dow, S&P 500 fall for a fourth day, major averages end August with losses
  • CNBC: China markets drop as factory activity shrinks; Asia stocks mixed