Our Economy and the World Issue 365

19-05-2024

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

Key Global and Regional Developments over the Past Week

  • AP: US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
  • Bloomberg: US Inflation Ebbs for First Time in Six Months in Relief for Fed
  • Bloomberg: ECB Is Very Likely to Start Rate Cuts in June, Villeroy says
  • CNBC: Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

Special Analysis 

  • European Union: European Economic Forecast – Spring 2024

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
  • Reuters: Wall Street boasts record closes as inflation data fuels rate-cut bets