Our Economy and the World Issue 307

12-02-2023

This week’s issue of includes:

Key Global and Regional Developments over the Past Week

  • Bloomberg: Powell Says Further Rate Hikes Needed and Markets Take Heed
  • Reuters: U.S. trade gap widens in December; deficit highest on record in 2022
  • CNBC: China’s economy will grow 5% this year, Fitch Ratings says in upgraded forecast
  • Bloomberg: India Raises Cost of Borrowing to 6.5% to Tame Inflation

Eye on Egypt

  • Bloomberg: Egypt’s ‘Policy Mistake’ Disappoints Emerging-Market Investors

Special Analysis 

  • World Bank: The 2022 ID4D and G2Px Annual Report

Developments in Financial and Commodity Markets in the past week

  • CNBC: European stocks higher after Fed Chair Powell’s comments; FTSE hits record high
  • Bloomberg: Asia Stocks Face Declines as Wall Street Sells Off